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IN RE DREXLER ASSOCIATES, INC.

Bankruptcy Nos. 83 B 11537 (PA), 83 B 11538 (PA).

57 B.R. 312 (1986)

In re DREXLER ASSOCIATES, INC., Debtor. In re DOMESTIC AND FOREIGN FACILITIES OF NEW JERSEY, INC., Debtor. In re DOMESTIC AND FOREIGN FACILITIES, INC., Debtor.

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

January 29, 1986.

Attorney(s) appearing for the Case

Leboeuf, Lamb, Leiby & Macrae (by James A Greer, of counsel), New York City, for petitioning creditors English and American Ins. Co., Ltd. and Bellefonte Ins. Co., Ltd.

Shea & Gould (by Remy J. Ferrarior, of counsel), New York City, for Michael H. Cockell and G.N. Rouse Syndicate.

David Green, Salomon Green & Ostrow, P.C., New York City, trustee.

PRUDENCE B. ABRAM, Bankruptcy Judge:

These three cases are related to four others involving an individual, William R. Drexler ("Drexler") and three corporations affiliated with him. On July 15, 1983, the court had entered orders for relief against the three corporations (the "Original Corporate Debtors") as a result of involuntary petitions filed on June 23, 1983. Concurrently herewith the court is issuing its decision granting the motion for summary judgment and...

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