STATE v. FEDERATED DEPT. STORES, INC.

No. C-1-92-195.

175 B.R. 924 (1992)

The STATE OF ARKANSAS, et al., Appellants, v. FEDERATED DEPARTMENT STORES, INC. and Allied Stores Corporation, et al., Appellees.

United States District Court, S.D. Ohio, Eastern Division.

October 20, 1992.


Attorney(s) appearing for the Case

David Epstein, Unclaimed Property Clearinghouse, Boston, MA, Bernard Nash, Dickstein, Shapiro & Morin, Washington, DC, for appellants.

August L. Fietkau, Office of the Atty. Gen., New York City, for Office of Comptroller of State of N.Y.

Maryann Baker Gall, Jones, Day, Reavis & Pogue, Columbus, OH, Frederick Jaeger McGavran, Frost & Jacobs, Cincinnati, OH, David G. Heiman, Jones, Day, Reavis & Pogue, Cleveland, OH, for Federated Dept. Stores, Inc.

Bondholders Official Committee of Bondholders of Allied Stores Corporation, Coudert Bros., Lawrence C. Gottlieb, Siegel, Sommers & Schwartz, New York City, for Unsecured Creditors Official Committee of Unsecured Creditors of Allied Stores Corporation.

Lewis S. Rosenbloom, Winston & Strawn, Chicago, IL, for Unsecured Creditors Official Committee of Unsecured Creditors of Federated Department Stores, Inc.

Peter A. Ivanick, LeBeouf, Lamb, Leiby & MacRae, New York City, for Pre-Merger Bond Official Committee of the Pre-Merger Bondholders of Federated Department Stores, Inc.

Lawrence R. Handlesman, Stroock, Stroock & Lavan, New York City, for Bondholders Official Committee of Bondholders of Federated Department Stores, Inc.

Ellen R. Werther, Coudert Bros., New York City, for Bondholders of Official Committee of Bondholders of Allied Stores Corp.


OPINION AND ORDER

GRAHAM, District Judge.

The States of Arkansas, Colorado, Connecticut, Delaware, Idaho, Illinois, Indiana, Iowa, Maine, Missouri, Montana, New Jersey, New York, North Carolina, North Dakota, Pennsylvania, Utah and Washington (collectively, "States") appeal from a bankruptcy court order granting the Debtors' objection to the States' proofs of claim under the States' abandoned property laws...

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