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IN RE LOMBARD-WALL INC.

Bankruptcy Nos. 82 B 11556, 82 B 11557 (EJR).

46 B.R. 365 (1985)

In re LOMBARD-WALL INCORPORATED, Lombard-Wall Money Markets Incorporated, Debtor.

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

February 13, 1985.

Attorney(s) appearing for the Case

David R. Kittay, Esq., Cadwalader, Wickersham & Taft, Attys., New York City, for debtor.

Michael S. Gindick, New York City, for claimant Securities Settlement Corp.

DECISION ON CLAIM FOR DAMAGES AND ATTORNEYS FEES

EDWARD J. RYAN, Bankruptcy Judge.

On August 12, 1982, Lombard-Wall Incorporated (Lombard) filed a petition under Chapter 11 of the Bankruptcy Code, and remained as debtor-in-possession of its property. 11 U.S.C. § 1101 et seq. (Supp. III 1979). Securities Settlement Corporation (SSC) is a broker-dealer that acts as the clearing and executing broker for banks and other broker dealers.

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