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IN RE BANCO DE DESCUENTO

Bankruptcy No. 85-02674-BKC-AJC.

78 B.R. 337 (1987)

In re BANCO de DESCUENTO, Debtor.

United States Bankruptcy Court, S.D. Florida.

August 4, 1987.

Attorney(s) appearing for the Case

James J. Kenny, Kenny Nachwalter & Seymour, P.A., Miami, Fla., for debtor.

Tumpson & Astbury, Law Offices of Mark V. Silverio, Miami, Fla., for respondent First Palm Beach Intern. Bank.

St. Julien P. Rosemond, Jr., Salley, Barns, Pajon, Guttman & Del Valle, Miami, Fla., for respondent Totalbank.

Julius I. Friedman, North Bay Village, Fla., and Gregory A. Martin, Wallace, Engels, Pertnoy & Martin, Miami, Fla., for respondent Capital Bank.

Shutts & Bowen, Miami, Fla., for respondent Marine Midland Intern. Bank.

David C. Profilet, Smathers & Thompson, Miami, Fla., for respondent Pan American Intern. Bank.

Dale F. Webner, Trenam, Simmons, Kemker, Scharf, Barkin, Frye & O'Neill, P.A., Miami, Fla., for respondent Florida Nat. Bank.

MEMORANDUM ORDER GRANTING PETITION UNDER 11 U.S.C. § 304

A. JAY CRISTOL, Bankruptcy Judge.

Dr. Alfonso Trujillo Bustamante, Superintendent of Banks of the Republic of Ecuador as Liquidator of Banco de Descuento ("Petitioner") has filed a Petition under 11 U.S.C. § 304 for relief ancillary to a foreign administration. The petition is opposed only by Respondent First Palm Beach International Bank, now known as First National Bank of Palm Beach (...

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