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KAPLAN v. FIRST OPTIONS OF CHICAGO, INC.

Civ. A. Nos. 93-6401, 93-6402 and 93-6622.

189 B.R. 882 (1995)

In re Manuel KAPLAN, Debtor, v. FIRST OPTIONS OF CHICAGO, INC.

United States District Court, E.D. Pennsylvania.

November 6, 1995.

Attorney(s) appearing for the Case

Donald L. Perelman, Fine, Kaplan & Black, Philadelphia, PA, Gary A. Rosen, Connolly Epstein Chicco Foxman Engelmyer & Ewing, Philadelphia, PA, for Manuel Kaplan.

Vincent J. Marriott, III, Ballard, Spahr, Andrews & Ingersoll, Philadelphia, PA, Stephen P. Bedell, Timothy G. McDermott, Gardner, Carton & Douglas, Chicago, IL, for First Options of Chicago, Inc.

Frederic Baker, Assistant U.S. Trustee, Philadelphia, PA.

MEMORANDUM

TROUTMAN, Senior District Judge.

This bankruptcy appeal arises out of an October 26, 1993, order of the United States Bankruptcy Court for the Eastern District of Pennsylvania. The bankruptcy court proceeding emanated from an individual voluntary Chapter 11 filing of Manuel Kaplan ("the Debtor"), the owner of MK Investments, Inc. ("MKI").1

The appeal involves two separate issues raised by First Options...

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