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IN RE IDE JEWELRY CO., INC.

Bankruptcy No. 86 B 10623.

75 B.R. 969 (1987)

In re IDE JEWELRY CO., INC., Debtor. UNDERWRITERS AT LLOYDS, as subrogees of Bharat Diamond Corp., Plaintiff, v. Zachary SHIMER, Trustee for Ide Jewelry Co., Inc., Defendant.

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

July 24, 1987.

Attorney(s) appearing for the Case

Chadbourne & Parke, New York City, for trustee; David A. Vicinanzo, of counsel.

Brian Fishkin, New York City, for Underwriters at Lloyds, as Subrogees of Bharat Diamond Corp.

DECISION

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

On October 3, 1986, the interim trustee (the "Trustee" or "Defendant") filed a motion seeking an order requiring Rodney Lissenden, as representative underwriter for and on behalf of Underwriters at Lloyds subscribing to policy of insurance No. JB750600978 ("Ide's Insurer"), to turn over the proceeds from a loss of property occurring on December 26, 1985, which was covered by the jewelers block policy issued...

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