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IN RE BRATEN

Bankruptcy No. 86 B 20433.

99 B.R. 579 (1989)

In re Milton BRATEN, Debtor.

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

May 9, 1989.

Attorney(s) appearing for the Case

Barr and Faerber, Spring Valley, N.Y., for the debtor.

Sonnenfeld & Richman, New York City, for Hong Kong and Shanghai Banking Corp.

Moses & Singer, New York City, for Bankers Trust Co.

DECISION ON MOTION TO DISMISS INVOLUNTARY PETITION

HOWARD SCHWARTZBERG, Bankruptcy Judge.

Milton Braten, the debtor in the above-captioned involuntary Chapter 7 case, has moved for an order dismissing the involuntary petition filed by the Hong Kong and Shanghai Bank ("Hong Kong Bank") on October 1, 1986, on the ground that he has more than twelve creditors. Alternatively, the debtor moves to dismiss the involuntary petition for neglect of prosecution. The...

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