IN RE DREXEL BURNHAM LAMBERT GROUP, INC.

Bankruptcy Nos. 90 B 10421, 90 B 11646 (Jointly Administered).

129 B.R. 22 (1991)

In re The DREXEL BURNHAM LAMBERT GROUP INC., et al., Debtors.

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

April 22, 1991.


Attorney(s) appearing for the Case

M. Kirschner, Esq., Jones, Day, Reavis & Pogue, New York City, for Official Committee of Unsecured Creditors of Drexel Burnham Lambert Group, Inc., et al. (Group Committee).

M. Norton, Esq., Sherman & Sterling, New York City, for Barclays Bank, PLC (Barclays).

J. Rapisardi, Esq., Weil, Gotshal & Manges, New York City, for debtor, Drexel Burnham Lambert Group, Inc., et al., debtor-in-possession (DBL).

M. Zelmanovitz, Esq., Zalkin, Rodin & Goodman, New York City, for Official Committee of Unsecured Creditors of Drexel Burnham Lambert Inc., et al. (Inc. Committee).


MEMORANDUM OF DECISION ON MOTION TO EXTEND TIME TO FILE A PROOF OF CLAIM

FRANCIS G. CONRAD, Bankruptcy Judge*.

Barclays filed the instant motion1 to enlarge the time to file a proof of claim. We deny Barclays' motion because Barclays received actual notice of the claims bar date and its failure to file timely does not meet the excusable neglect standard articulated in Bankruptcy Rule 9006(b)(1). Alternatively...

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