MATTER OF HUDSON HOLDING ASSOCIATES

Bankruptcy No. 86 B 20402(HS), 89 Adv. 6060.

108 B.R. 32 (1989)

In the Matter of HUDSON HOLDING ASSOCIATES, Debtor. Michael CARR and Celine Carr, Plaintiffs, v. HUDSON HOLDING ASSOCIATES, Defendants.

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

December 6, 1989.


Attorney(s) appearing for the Case

Donna R. Cohen, Office of Donald Tirschwell, New City, N.Y., for plaintiffs.

Jeffrey L. Sapir, Hartsdale, N.Y., for defendants.


DECISION IN ACTION TO RESCIND AUCTION PURCHASE

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The Plaintiffs in this adversary proceeding seek to recover from the Debtor in possession, Hudson Holding Associates ("the Debtor"), a down payment of $40,500.00 and $225.00 for a title search which the Plaintiffs paid towards the purchase of certain unimproved real estate which the Debtor offered for sale to the highest bidder at a special meeting of creditors pursuant...

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