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IN RE TRAFALGAR ASSOCIATES

Bankruptcy No. 84 B 11602, Adv. Nos. 85-5575A, 85-5576A.

53 B.R. 693 (1985)

In re TRAFALGAR ASSOCIATES, Debtor, SAVOY RECORDS, INC., Plaintiff, v. TRAFALGAR ASSOCIATES, Defendant, ALPHA RICHARD CORP., Plaintiff, v. TRAFALGAR ASSOCIATES, Defendant.

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

September 30, 1985.

Attorney(s) appearing for the Case

Golenbock & Barell by Robert Goodman, Peter D. Raymond, New York City, for debtor.

Elliott H. Pollack, New York City, for Savoy Records.

Glauberman & Kessler by Robert L. Rotmil, New York City, for Alpha Richard Corp.

MEMORANDUM DECISION ON MOTIONS FOR SUMMARY JUDGMENT BY SAVOY RECORDS INC. AND ALPHA RICHARD CORP.

TINA L. BROZMAN, Bankruptcy Judge.

By motion dated May 24, 1985, Savoy Records, Inc. ("Savoy") seeks summary judgment against Trafalgar Associates ("Trafalgar") in the amount of $12,385.67 representing a security deposit allegedly tendered in connection with a lease agreement and the establishment of an interest bearing escrow account pending the determination...

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