IN RE SELGAR REALTY CORP.

Bankruptcy No. 183-30314-260, Adv. No. 186-0192.

85 B.R. 235 (1988)

In re SELGAR REALTY CORPORATION, Debtor. Frank and Rosemarie LOPA, Plaintiffs, v. SELGAR REALTY CORPORATION, Defendant.

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

March 30, 1988.


Attorney(s) appearing for the Case

Hart & Gussow by George M. Hart, and John Gussow, Staten Island, N.Y., for debtor.

Jeffrey Francis Borrell, Staten Island, N.Y., for plaintiffs.


DECISION AND ORDER

CONRAD B. DUBERSTEIN, Chief Judge.

Before the court is an adversary proceeding seeking specific performance of an alleged contract for the sale of certain real property owned by the defendant-debtor. For the reasons stated below this court holds: (1) the writing does not satisfy the necessary requisites for an enforceable contract under New York State Law; and (2) the alleged sale falls outside the ordinary course of business and is void...

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