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IN RE PHOTO PROMOTION ASSOCIATES, INC.

Bankruptcy No. 84 B 20417.

53 B.R. 759 (1985)

In re PHOTO PROMOTION ASSOCIATES, INC., Debtor.

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

October 8, 1985.

Attorney(s) appearing for the Case

Robert E. Blackburn and Associates, Suffern, N.Y., for Nanuet Nat. Bank; Sydel J. Green, Suffern, N.Y., of counsel.

Siegel, Sommers & Schwartz, New York City, for trustee; Leonard Schwartz, New York City, of counsel.

Chester B. Salomon, P.C., New York City, for First Transcapital Corp.; Alec P. Ostrow and Jeffrey M. Zalkin, New York City, of counsel.

Harvey Barr, Spring Valley, N.Y., for Aaron Wagman.

DECISION ON MOTION TO VACATE ORDER OF JANUARY 17, 1985

HOWARD SCHWARTZBERG, Bankruptcy Judge.

Nanuet National Bank, Nanuet, New York (the "bank") the holder of three secured claims against the debtor, Photo Promotion Associates, Inc. (totaling in excess of $658,333.38), has moved pursuant to Rule 60(b)(4) of the Federal Rules of Civil Procedure, as made applicable by Bankruptcy Rule 9024, for an order vacating this court's financing order dated January 17...

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