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IN RE INVESTORS CENTER, INC.

Bankruptcy No. 089-0017-21.

129 B.R. 339 (1991)

In re INVESTORS CENTER, INC., Debtor.

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

June 11, 1991.

Attorney(s) appearing for the Case

Irving H. Picard, Gordon, Hurwitz, Butowsky, Weitzen, Shalov & Wien, New York City, Trustee.

Stephen P. Harbeck, Sr. Associate General Counsel, Securities Investor Protection Corp., Washington, D.C.

John P. Colangelo, Fabricant, Yeskoo & Colangelo, New York City, for claimant Frank Felix.

OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

Before the Court are objections by a number of customers of Investors Center, Inc. ("Investors Center" or "ICI") to the determinations made by Irving H. Picard, Esq. as Trustee for the liquidation of the business of Investors Center pursuant to the Securities Investor Protection Act of 1970, as amended (15 U.S.C. §§ 78aaa, et. seq.) ("SIPA").1 Also before the Court are motions...

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