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BONNIE & CO. FASHIONS, INC. v. BANKERS TRUST CO.

No. 91 Civ. 0341 (DNE).

970 F.Supp. 333 (1997)

BONNIE & COMPANY FASHIONS, INC. and Bonnie Boerer, individually, Plaintiffs, v. BANKERS TRUST COMPANY, Defendant.

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

July 21, 1997.

Attorney(s) appearing for the Case

Budd, Larner, Gross, Rosenbaum, Greenberg & Sade, P.C., New York City (Paul A. Marber, Michael M. Rosenbaum, and Richard M. DeAgazio, of counsel), for plaintiffs.

Moses & Singer, L.L.P., New York City (Joel David Sharrow, of counsel), Kravet & Vogel, L.L.P., New York City, (Joseph A. Vogel, of counsel), Bankers Trust Company, New York City, (Jack H. Weiner, of counsel), for defendant.

OPINION & ORDER

EDELSTEIN, District Judge:

Currently before this Court is a question concerning the release of plaintiff Bonnie Boerer's ("plaintiff" or "Boerer") personal $1,000,000 collateral which presently is held by defendant Bankers Trust Company ("defendant," the "Bank," or "BTC"). For the reasons stated herein, this Court finds that defendant must immediately release Boerer's collateral to...

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