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IN RE THOMSON McKINNON SECURITIES INC.

Bankruptcy Nos. 90 B 10914, 90 B 11805.

141 B.R. 559 (1992)

In re THOMSON McKINNON SECURITIES INC. and Thomson McKinnon Inc., Debtors.

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

June 17, 1992.

Attorney(s) appearing for the Case

Saiber Schlesinger Satz & Goldstein, Newark, N.J., for debtor Thomson McKinnon Securities Inc.

Podvey, Sachs, Meanor & Catenacci, Newark, N.J., for John J. Brunetti.

DECISION ON OBJECTION TO CLAIM OF JOHN J. BRUNETTI

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The claim of John J. Brunetti ("Brunetti") to hold the debtor responsible for the $2.2 million premium and related expenses which he paid to acquire the second largest block of Monmouth Park Race Track ("Monmouth") stock depends upon tying together a series of unconnected events in a total scenario. This is somewhat akin to the fable explaining that without a nail,...

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