IN RE SECOND PENNSYLVANIA REAL ESTATE CORP.

Bankruptcy No. 92-25302 JLC. Adversary No. 92-2299.

192 B.R. 663 (1995)

In re SECOND PENNSYLVANIA REAL ESTATE CORPORATION, Debtor. The COMMITTEE OF CREDITORS HOLDING UNSECURED CLAIMS, The Estate Representatives of Papercraft Corporation, Plaintiffs, v. SABLE, MAKOROFF & GUSKY, P.C., First Pennsylvania Funding Company, Inc. and Second Pennsylvania Real Estate Corporation, Defendants.

United States Bankruptcy Court, W.D. Pennsylvania.

November 2, 1995.


Attorney(s) appearing for the Case

Stephen J. Laidhold, Robert G. Sable, Sable, Makoroff & Gusky, P.C., Pittsburgh, PA, for Sable, Makoroff & Gusky, P.C./Second Pennsylvania Real Estate Corp.

David A. Murdoch, Kirkpartick & Lockhart, Pittsburgh, PA, for First Pennsylvania Funding Co., Inc.

Philip E. Beard, II, Stonecipher, Cunningham, Beard & Schmitt, Pittsburgh, PA, for Committee of Creditors Holding Unsecured Claims, the Estate Representatives of Papercraft Corp.


MEMORANDUM OPINION

JOSEPH L. COSETTI, Bankruptcy Judge.

The matter before the court is a complaint to interplead funds which are subject to competing claims of entitlement between Sable, Makoroff & Gusky, P.C., as counsel for Second Pennsylvania Real Estate Corporation, and First Pennsylvania Funding Company, Inc. The funds in the amount of $400,000 have been paid into the court registry by Papercraft Corporation pursuant to a Settlement Agreement...

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