IN RE SECURITIES GROUPS

Bankruptcy Nos. 84-BK-428-BK-J-GP, 84-430-BK-J-GP, 84-431-BK-J-GP and 84-433-BK-J-GP, Adv. Nos. 85-218 to 85-221.

89 B.R. 204 (1988)

In re the SECURITIES GROUPS, Debtor. In re the SECURITIES GROUP, Debtor. In re the MONETARY GROUP, Debtor. In re the SECURITIES GROUP 1980, Debtor. The SECURITIES GROUP, a New York general partnership; The Securities Group, a New York limited partnership; The Monetary Group, a New York limited partnership; and The Securities Group 1980, a New York limited partnership, Plaintiffs, v. Charles Agee ATKINS; Orin E. Atkins; Randall W. Atkins; Charles D. Barnett; and 500 Park Avenue Associates, a Kentucky limited partnership, Defendants.

United States Bankruptcy Court, M.D. Florida, Jacksonville Division.

July 13, 1988.


Attorney(s) appearing for the Case

George E. Ridge, William G. Cooper, Jacksonville, Fla., for plaintiffs.

Guy R. Fairstein, New York City, James C. Rinaman, Jacksonville, Fla., for defendants Orin Atkins, Randall Atkins, 500 Park Avenue Asso., and Charles Barnett.

Alison D. Kennedy, Jacksonville, Fla., for Louis Lowin, Post-Confirmation Adm'r.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

GEORGE L. PROCTOR, Bankruptcy Judge.

These adversary proceedings are before the Court upon complaints filed by Louis Lowin, the Post-Confirmation Administrator of The Securities Groups, The Securities Group, The Securities Group 1980 and The Monetary Group. The complaints are predicated upon breaches of fiduciary duty, mis-appropriation of partnership opportunities and property, conversion, and violations of the Racketeer...

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