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IN RE ROSENSHEIN

Bankruptcy Nos. 90 B 21262, 90 B 21268.

136 B.R. 368 (1992)

In re Bernard J. ROSENSHEIN d/b/a Rosenshein Associates, et al., Debtors.

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

February 3, 1992.

Attorney(s) appearing for the Case

Ohrenstein & Brown, New York City, for debtors.

Waters, McPherson, McNeill, Rosen, Secaucas, N.J., for Creditors' Committee.

Duane, Morris & Heckscher, Philadelphia, Pa., for EAB.

Reich & Reich, White Plains, N.Y., for First American Title Ins. Co.

Kirschenbaum & Kirschenbaum, P.C., Garden City, N.Y., for Toys "R" Us.

DECISION ON MOTION FOR AN ORDER DIRECTING DISTRIBUTION AND RETURN OF ESCROW FUNDS

HOWARD SCHWARTZBERG, Bankruptcy Judge.

European American Bank ("EAB"), which advanced development money to the Chapter 11 debtors for the construction of a shopping center in Yonkers, New York, on real estate purchased by the debtors from Toys "R" Us ("Toys"), now moves for an order directing the distribution and return of the funds held by EAB in escrow. The escrow fund was...

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