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IN RE DREXEL BURNHAM LAMBERT GROUP INC.

Bankruptcy No. 90B-10421 (HCB).

113 B.R. 830 (1990)

In re the DREXEL BURNHAM LAMBERT GROUP INC., Debtor.

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

May 3, 1990.

Attorney(s) appearing for the Case

Shearman & Sterling by Susan P. Johnston, George F. Wade, Laura B. Bartell, New York City, for Various Banks.

Weil, Gotshal & Manges by Corinne Ball, Richard Krasnow, Richard Davis, Pamela Corrie, New York City, for debtor.

Jones, Day, Reavis & Pogue by Marc S. Kirschner, Cindy Tzerman, New York City, for creditors committee.

DECISION

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

Banque Worms and fifteen other banks1 (the "Banks") seek pursuant to 11 U.S.C. § 362(d) and § 105(a) (1986), an order modifying the automatic stay provided in 11 U.S.C. § 362(a)(3) to permit Bankers Trust Company ("Bankers Trust"), as Collateral Agent, to retain in trust collateral proceeds owed to the Debtor, The Drexel Burnham Lambert Group, Inc. ("Drexel")...

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