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IN RE GOVERNMENT SECURITIES CORP.

No. 88-1529-Civ.

95 B.R. 829 (1988)

In re GOVERNMENT SECURITIES CORPORATION, Debtor. John R. CAMP, Jr., Trustee for the Liquidation of Government Securities Corp., and the Securities Investor Protection Corporation, Appellants, v. Alice CARSON, Appellee.

United States District Court, S.D. Florida.

December 2, 1988.

Attorney(s) appearing for the Case

Patrick S. Scott, Blackwell Walker Fascell & Hoehl, Miami, Fla., appellant trustee.

Theodore H. Focht, Gen. Counsel, Michael E. Don, Deputy Gen. Counsel, Josephine Wang, Assoc. Gen. Counsel, Washington, D.C., for appellant Securities Investor Protection Corp.

William M. Manker, Miami, Fla., for appellee.

MEMORANDUM DECISION

RYSKAMP, District Judge.

This matter is before the court on a joint appeal by the trustee for the liquidation of Government Securities Corporation ("GSC"), and the Securities Investor Protection Corporation ("SIPC"), from an order of the Bankruptcy Court entered on June 21, 1988, in this proceeding under the Securities Investor Protection Act, 15 U.S.C. § 78aaa et seq. ("SIPA"). Briefs have been filed and oral argument has...

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