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IN RE COLIN, HOCHSTIN CO.

Bankruptcy No. 83 B 10794 (JJG).

41 B.R. 322 (1984)

In re COLIN, HOCHSTIN CO., Debtor.

United States Bankruptcy Court, S.D. New York.

July 27, 1984.

Attorney(s) appearing for the Case

Milbank, Tweed, Hadley & McCloy, New York City, for New York Stock Exchange; Russell E. Brooks, Paul T. Shoemaker, New York City, of counsel.

Garrity, Connolly, Lewis, Lowry & Grimes, New York City, for Colin, Hochstin Co., debtor; William R. Grimes, Robert C. Reichelscheimer, New York City, of counsel.

Burns, Summit, Rovins & Feldesman, Shea & Gould, New York City, for Justin Colin; Asher B. Lans, Herman A. Bursky, New York City, of counsel.

Kaye, Scholer, Fierman, Hays & Handler, New York City, for Creditors Committee in In re Justin Colin, 82 B 11541; Stanley T. Lesser, New York City, of counsel.

MEMORANDUM AND DECISION

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

The Debtor, Colin Hochstin Co. ("CHC"), has moved for an order declaring that the New York Stock Exchange ("NYSE" or the "Exchange") and its enforcement division are subject to the automatic stay which became operative immediately upon the May 1983 filing by Justin Colin of an involuntary Chapter 11 petition against his former brokerage firm, CHC. The NYSE has opposed that motion and cross...

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