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  5. 178 B.R. 938 (1995)
 

IN RE WINGSPREAD CORP.

Bankruptcy Nos. 87 B 10618(TLB) to 87 B 10630(TLB). Adv. No. 90-6406A(JHG).

178 B.R. 938 (1995)

In re WINGSPREAD CORPORATION, et al., Debtors. Harold YOUNG, as Trustee of Wingspread Corporation, and its subsidiaries, Debtors, Plaintiff, v. PARAMOUNT COMMUNICATIONS INC., f/k/a Gulf & Western Industries Inc., Kayser-Roth Corporation, Norman Hinerfeld and NCNB National Bank as successor to NCNB Financial Services, Inc., Defendants.

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

January 5, 1995.

Attorney(s) appearing for the Case

Friedman & Kaplan by Bruce S. Kaplan and Andrew W. Goldwater, New York City, for Paramount and Kayser-Roth.

Wachtell, Lipton, Rosen & Katz by Eric M. Roth, New York City, for Nationsbank of North Carolina.

Hahn & Hessen by John P. McCahey and Joseph A. Vogel, New York City, for Harold Young, Chapter 7 Trustee.

DECISION ON MOTION AND CROSS-MOTION FOR SUMMARY JUDGMENT

JEFFRY H. GALLET, Bankruptcy Judge.

INTRODUCTION

This adversary proceeding was commenced by Harold Young ("Young" or "Trustee"), Chapter 7 Trustee of Wingspread Corporation ("Wingspread" or the "Debtor"), against Paramount Communications, Inc. ("Paramount"), Norman M. Hinerfeld ("Hinerfeld"), NCNB National Bank ("NCNB")1 and Kayser-Roth Corporation...

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