IN RE RYMSBRAN CONTINENTAL CORP.

No. 94-CV-5648 (JS).

177 B.R. 163 (1995)

In re RYMSBRAN CONTINENTAL CORP., Debtor. RYMSBRAN CONTINENTAL CORP., Plaintiff-Appellee, v. EUCLID HALL HOUSING DEVELOPMENT FUND COMPANY, INC. and West Side Federation for Senior Housing, Inc., Defendants-Appellants.

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

January 18, 1995.


Attorney(s) appearing for the Case

Berkman, Henoch, Peterson & Peddy by Ronald M. Terenzi, Garden City, NY, for plaintiff-appellee.

Paul, Weiss, Rifkind, Wharton & Garrison by Alan W. Kornberg and Stephen J. Shimshak, New York City, for defendants-appellants.


MEMORANDUM AND ORDER

SEYBERT, District Judge:

Before the Court on appeal from the United States Bankruptcy Court for the Eastern District of New York is a default judgment entered on October 28, 1994 in the amount of $500,000 against West Side Federation for Senior Housing, Inc. ("West Side") and its wholly owned subsidiary, Euclid Hall Housing Development Fund Company, Inc. ("Euclid" and, together with West Side, the "Appellants"). Both organizations...

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