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IN RE LLOYD SECURITIES, INC.

Misc. No. 92-0355, Proceeding No. 90-0985 S, Adv. No. 91-1090.

153 B.R. 677 (1993)

In re LLOYD SECURITIES, INC., Debtor. Robert E. SHIELDS, Trustee, Plaintiff, v. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA, Defendant.

United States District Court, E.D. Pennsylvania.

February 26, 1993.

Attorney(s) appearing for the Case

Warren T. Pratt, Drinker, Biddle & Reath, Philadelphia, PA, for plaintiff.

Paul N. Sandler, Sandler & Marchesini, P.C., Philadelphia, PA, for defendant.

MEMORANDUM

JOYNER, District Judge.

This case comes to this court upon objections to a report and recommendation of the bankruptcy court that partial summary judgment should be entered in favor of plaintiff, Robert E. Shields, Trustee for the liquidation of the business of Lloyd Securities, Inc. ("LSI" or the "debtor") and against the defendant, National Union Fire Insurance Company ("NUFIC") in the amount of $500,000.

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