IN RE GUCCI

Bankruptcy No. 94 B 40614 (JHG).

174 B.R. 401 (1994)

In re Paolo GUCCI, et al., Debtors.

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

October 12, 1994.


Attorney(s) appearing for the Case

Schulte Roth & Zabel by Frederick Rosner, New York City, for Status Eyes.

Michael S. Kimm, New York City, for Trackwise.

Corash & Hollender by Paul Hollender, Staten Island, NY, for Paolo Gucci.

Winick & Rich by Jonathan L. Flaxer, New York City, for Frank G. Sinatra, Chapter 11 Trustee.

Frank G. Sinatra, Chapter 11 Trustee, New York City.

Rudes, Lax, Berkowitz and Mittman by Saul Rudes, Alan E. Bandler, New York City, for Enzo Stancato and LBP.

Tanner Propp & Farber by Allan C. Samuels, New York City, for Orologgi Paola, Inc., Ultima Intern. Pens & Accessories, Inc., Ultima Intern. Watches, Inc.

Sylvor, Schneer, Gold & Morelli by Richard L. Gold, New York City, for Joseph DeLeo d/b/a JDL Enterprises.

Bronstein, Van Veen & Bronstein, P.C. by Ann Cynthia Diamond, Donovan, Leisure, Newton & Irvine by A. Peter Lubitz, New York City, for Jennifer Gucci.

Gibson, Dunn & Crutcher by Marshall R. King, New York City, for Creditors' Committee.

Arthur J. Gonzalez, U.S. Trustee, New York City.


DECISION ON MOTIONS TO DISMISS AND FOR SUBSTANTIVE CONSOLIDATION OF THE BANKRUPTCY CASES

JEFFRY H. GALLET, Bankruptcy Judge.

I. INTRODUCTION

Before me are three motions.1 Because they are interrelated, I will decide them together. First are motions2 filed by Status Eyes Ltd. ("Status Eyes") and Trackwise Sales Corporation ("Trackwise") to dismiss the Chapter 11 cases

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