IN RE KANTERMAN

Bankruptcy No. 87 B 12318 (HCB), Adv. No. 88-5235A.

97 B.R. 768 (1989)

In re Perri KANTERMAN, Debtor. Alvin GALLANT and Joan Gallant, Plaintiffs, v. Perri KANTERMAN, Donald Kanterman, First Inter-County Bank of New York, Arnold I. Biegen, Marchi Jaffe Steinberg Crystal Katz & Burke, and Joseph G. Blum, in his capacity as temporary receiver of Gallant Securities, Inc. and Gallant Intercapital Corp., Defendants.

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

Leave to Appeal Granted May 18, 1989.


Attorney(s) appearing for the Case

Gross & Novak, P.A. by Timothy O'Neill, East Brunswick, N.J., for defendant Federal Deposit Ins. Corp.

Shaw, Licitra, Eisenberg, Esernio & Schwartz, P.C., by Peter T. Neill, Garden City, N.Y., for defendant trustee.

Richard W. Meirowitz, New York City, for plaintiffs Gallant.

Parker Chapin Flattau & Klimpl, by Joel Lewittes, Ross Rhodes, New York City, for defendant Arnold I. Biegen.


DECISION

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

The Federal Deposit Insurance Corporation (the "FDIC") seeks summary judgment on the fourth, sixth and seventh cross-claims contained in the Chapter 7 Trustee's third amended answer to the complaint in this adversary proceeding alleging fraudulent conveyances. Those cross-claims assert that a conveyance by the Debtor, Perri Kanterman, of a mortgage and her entering...

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