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MEADOWLANDS COMMUNICATIONS v. BANKER'S TRUST CO.

Civ. A. No. 86-2796 (CSF).

79 B.R. 198 (1987)

MEADOWLANDS COMMUNICATIONS, INC., Plaintiffs, v. BANKER'S TRUST COMPANY, NEW YORK, et al., Defendants.

United States District Court, D. New Jersey.

September 25, 1987.

Attorney(s) appearing for the Case

Jeffrey A. Cooper, Kleinberg, Moroney, Masterson & Schacter, Millburn, N.J., Peter Morganstern, pro hac vice, for debtors.

Cole, Schotz, Bernstein, Meisel & Forman, Rochelle Park, N.J., co-counsel for Sylvia Ciolino, Trustee.

Robert Shapiro, Shapiro & Shapiro, Hackensack, N.J., for defendant National Community Bank of New Jersey.

John Laskey, William Katchen, Clapp & Eisenberg, Newark, N.J., for defendant Bankers Trust Company.

Honorable Hugh M. Leonard, Newark, N.J., U.S. Trustee.

CLARKSON S. FISHER, Chief Judge.

On June 6, 1985, plaintiff, Meadowlands Communications, Inc. (Meadowlands), filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code. On October 28, 1985, Meadowlands commenced an adversary proceeding against defendants, Bankers Trust Company, New York (Bankers Trust) and National Community Bank of New Jersey (NCB). The complaint alleges that defendant banks wrongfully converted plaintiff's funds by accepting...

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