MATTER OF NEW WOODBRIDGE BARREL & DRUM CO., INC.

Bankruptcy No. 84-03815.

99 B.R. 221 (1988)

In the Matter of NEW WOODBRIDGE BARREL & DRUM CO., INC. and Beacon Steel Drum Corp., Corporations of the State of New Jersey, Debtor.

United States Bankruptcy Court, D. New Jersey.

December 5, 1988.


Attorney(s) appearing for the Case

Slavitt, Fish & Cowen, P.A. by Benjamin J. Slavitt, Newark, N.J., for Sussex Barrel & Drum, Inc.

Kramer, Eisenburg & Fisherman by Marvin E. Kramer, for Max Rubenfeld, as Assignee of Emanuel Heller.

Crummy, Del Deo, Dolan, Griffinger, & Vecchione, P.C. by Donald H. Steckroth, Newark, N.J., for the debtor-in-possession, New Woodbridge Barrel & Drum.


OPINION

VINCENT J. COMMISA, Chief Judge.

This matter comes before the Court on the Motion of Sussex Barrel and Drum, Inc., to compel the Debtor New Wood-bridge to honor the contract of sale for commercial property between itself and Sussex Barrel & Drum Co., which New Woodbridge claims is no longer valid. At the heart of Sussex' motion is its contention that the mortgagees of the property at issue should be compelled to marshall the assets of the debtor...

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