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IN RE BROADHOLLOW FUNDING CORP.

Bankruptcy Nos. 885-51958-18, 885-51959-18, Adv. No. 886-0226-18.

66 B.R. 1005 (1986)

In re BROADHOLLOW FUNDING CORP., Debtor. In re MJC HOLDING CORP., Debtor. BROADHOLLOW FUNDING CORP. and MJC Holding Corp., Plaintiffs, v. Daniel FITZMAURICE, Dennis Connor, Jack Holchendler, Robert L. Rubel, D.D.S., Baskin Planning Consultants Ltd., Stephanie Rogers Hose, Northern Motor Inn, Inc. and Manhattan Financial Services, Inc., individually and on behalf of others similarly situated, Defendants.

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

November 18, 1986.

Attorney(s) appearing for the Case

Summit, Rovins & Feldesman, New York City, for debtors.

Otterbourg, Steindler, Houston & Rosen, P.C., New York City, for Creditors Committee and counsel for the class.

David S. Haberman, Garden City, N.Y., and Sidney Turner, P.C., White Plains, N.Y., co-counsel to the subclass.

DECISION & ORDER

C. ALBERT PARENTE, Bankruptcy Judge.

Broadhollow Funding Corp. ("Broadhollow"), the debtor, seeks the certification of a class of defendants pursuant to F.R. Civ.P. 23. Once certified, the class will be represented by the named defendants in an adversary proceeding brought by plaintiffs to determine the equitable ownership of a large portfolio of mortgages held by the debtor.

BACKGROUND

From its inception in 1971, Broadhollow...

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