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IN RE SPECTEE GROUP, INC.

Bankruptcy No. 94 B 45451 (SMB).

185 B.R. 146 (1995)

In re SPECTEE GROUP, INC., Debtor.

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

August 14, 1995.

Attorney(s) appearing for the Case

Zeichner Ellman & Krause (Nathan Schwed, Peter Janovsky, of counsel), New York City, for Fourth Federal Sav. Bank.

Aaron Gelbwaks, New York City, for debtor John Souto and respondent pro se.

Bizar & Martin, L.L.P. (Perry Young, of counsel), New York City, for 240 West 23rd Associates.

MEMORANDUM DECISION GRANTING MOTION FOR SANCTIONS

STUART M. BERNSTEIN, Bankruptcy Judge.

Fourth Federal Savings Bank ("Fourth Federal"), a secured creditor, seeks sanctions against the Debtor ("Spectee"), its president, John Souto ("Souto"), and its counsel, Aaron Gelbwaks ("Gelbwaks") (collectively, the "Respondents") pursuant to 11 U.S.C. § 105 and Bankruptcy Rule 9011 and against Gelbwaks pursuant to 28 U.S.C. § 1927 for reimbursement and payment...

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