ORDER AND OPINION
LEISURE, District Judge:
This is an appeal and cross-appeal from a decision of the United States Bankruptcy Court for the Southern District of New York (Blackshear, J.) dated May 14, 1991; an order entered thereon dated May 16, 1991; and an order dated July 1, 1991, denying the motion for reargument of appellee Ruth Peres ("Peres"). For the reasons stated below, the decision and orders of the Bankruptcy Court are affirmed in their entirety...
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