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MATTER OF MODELL

Bankruptcy No. 94 B 42224 (JLG).

168 B.R. 851 (1994)

In the Matter of Frederick MODELL d/b/a Frederick Modell Company, Debtor.

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

June 28, 1994.

Attorney(s) appearing for the Case

Ross & Hardies, Somerset, NJ, for alleged debtor.

Kronish, Lieb, Weiner & Hellman, New York City, for Republic Nat. Bank of New York.

Otterbourg, Steindler, Houston & Rosen, P.C., New York City, for Republic Nat. Bank of New York, and remaining petitioning creditors.

MEMORANDUM DECISION ON PETITIONING CREDITORS' MOTION FOR DEFAULT JUDGMENT AND ALLEGED DEBTOR'S CROSS-MOTION TO DISMISS

JAMES L. GARRITY, Jr., Bankruptcy Judge.

Republic National Bank of New York, Merchants Bank of New York, Israel Discount Bank of New York and Bank Leumi Trust Company of New York (the "Banks"), as petitioning creditors in this involuntary chapter 7 case, have moved this court ("the Motion") pursuant to § 303(h) of the Bankruptcy...

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