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PETITION OF WARD

Bankruptcy No. 96 B 44240 (JLG).

201 B.R. 357 (1996)

In re Petition of J.S. WARD and N. Allen, as Joint Liquidators of Zambia Airways Corporation Limited (In Liquidation), Debtor in Foreign Proceedings.

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

As Corrected October 10, 1996.

Attorney(s) appearing for the Case

Otterbourg, Steindler, Houston & Rosen, P.C., New York City, for the Bank of New York and JCPL Leasing Corp.

Schulte Roth & Zabel, New York City, for Zambia Airways Corporation Limited.

MEMORANDUM DECISION ON MOTION FOR ORDER DISMISSING ANCILLARY PETITION

JAMES L. GARRITY, Jr., Bankruptcy Judge.

The Bank of New York ("BONY") and JCPL Leasing Corp. ("JCPL" and together with BONY, the "movants") move to dismiss the petition filed by Jack Stephen Ward and Nicholas Charles Allen ("petitioners" or the "liquidators"), as the joint liquidators of Zambia Airways Corporation Limited (In Liquidation) ("ZAC"), under § 304 of title 11,...

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