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IN RE LOMBARD-WALL INC.

Bankruptcy No. 82 B 11556 (EJR), Adv. No. 83-6108A.

39 B.R. 958 (1984)

In re LOMBARD-WALL INCORPORATED, Debtor. LOMBARD-WALL INCORPORATED, Plaintiff, v. DOBBIN & COMPANY, Defendant.

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

June 21, 1984.

Attorney(s) appearing for the Case

Moses & Singer, New York City, for Dobbin & Co.

Cadwalader, Wickersham & Taft, New York City, for Lombard-Wall Inc.

Burton Freeman, New York City, Vice President and General Counsel, Bankers Trust Co., New York City.

DECISION AND ORDER ON MOTION FOR SUMMARY JUDGMENT

EDWARD J. RYAN, Bankruptcy Judge.

On August 12, 1982, Lombard-Wall filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code, 11 U.S.C. § 1121. Lombard-Wall was in the business of trading, buying, selling and otherwise dealing in government-guaranteed obligations and other money market instruments with major financial institutions. Bankers Trust Company (Bankers Trust) was Lombard...

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