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IN RE SALZMAN

Bankruptcy Nos. 83B20134, 83B20068, Adv. Nos. 84-6007, 84-6088.

83 B.R. 233 (1988)

In re Emanuel SALZMAN, Debtor. In re William HAMLIN, Debtor. Robert B. SCHINDLER, as Trustee in Bankruptcy of Emanuel Salzman, Plaintiff, v. Irene SHARAK, Individually and as Executrix or Administratrix of the Estate of Michael T. Sharak, Deceased, J.A.M. Company, et al., Defendants. J.A.M. COMPANY, Putnam Professional Park Real Estate Account & Alan S. Poritzsky, P.C. Retirement Trust, Plaintiff, v. Robert B. SCHINDLER as Trustee in Bankruptcy of Emanuel Salzman, Susan Hamlin and Gloria Salzman, Defendants.

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

February 17, 1988.

Attorney(s) appearing for the Case

Edward P. Miller, Miller and Farrell, Hartsdale, N.Y., for J.A.M. Co.

Robinowitz, Bianchi & Cohlan, White Plains, N.Y., for Putnam.

Robert B. Schindler, New York City, for trustee.

Garrity, Connolly, Lewis, Lowry & Grimes, New York City, for fourth mortgagees.

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The trustee in bankruptcy in the jointly administered Chapter 7 cases of Emanuel Salzman and William Hamlin ("the debtors") opposes the adversary proceedings commenced by the holders of second and third mortgages against real estate owned by the debtors, which seek to compel the trustee to make payment to the second and third mortgagees from the proceeds of the trustee's sale of the real estate. The fourth mortgagees, who are...

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