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IN RE CHATEAUGAY CORP.

No. 93 Civ. 1480 (PKL).

170 B.R. 551 (1994)

In re CHATEAUGAY CORPORATION, Reomar, Inc., the LTV Corporation, et al., Debtors. UNITED STATES TRUST COMPANY OF NEW YORK, Appellant, v. LTV STEEL COMPANY, INC., and Official Committee of Unsecured Creditors of LTV Steel Company, Inc., Appellees.

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

August 2, 1994.

Attorney(s) appearing for the Case

Robinson Silverman Pearce Arohnson & Berman, New York City (Thomas Moers Mayer, Walter H. Curchak, Mark D. Risk and Timothy W. Reinig, of counsel), for appellant U.S. Trust Co.

Kaye, Scholer, Fierman, Hays & Handler (Myron Kirschbaum, Michael J. Crames, Steven E. Fox and John C. Amabile, of counsel), Davis, Polk, Wardwell (Karen E. Wagner, of counsel), New York City, for appellee LTV Steel Co., Inc.

Stroock & Stroock & Lavan, New York City (Mark A. Speiser, of counsel), for appellee Official Committee of Unsecured Creditors of LTV Steel Co., Inc.

Hahn Loeser & Parks, Cleveland, OH (Lee D. Powar, Lawrence E. Oscar and Alan R. Styles, of counsel), for amicus curiae Huntington Nat. Bank.

OPINION AND ORDER

LEISURE, District Judge.

This is an appeal from an order issued on February 1, 1993, as amended February 8, 1993, by the United States Bankruptcy Court for the Southern District of New York ("Order"). 150 B.R. 529. In the Order, the Honorable Burton R. Lifland, United States Bankruptcy Judge, Southern District of New York, held inter alia, that appellant-United States Trust Company of New York...

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