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IN RE BROOKLYN RESOURCE RECOVERY, INC.

Bankruptcy No. 194-18986-353.

216 B.R. 470 (1997)

In re BROOKLYN RESOURCE RECOVERY, INC., Alleged Debtor.

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

December 17, 1997.

Attorney(s) appearing for the Case

Sachs Kamhi & Kushner, P.C. by Gary M. Kushner, Carle Place, NY, for Petitioning Creditors.

Sherman, Citron & Karasik, P.C. by Robert Kolodney, New York City, for Alleged Debtor.

DECISION AFTER TRIAL ON CONTESTED INVOLUNTARY CHAPTER 7 PETITION

JEROME FELLER, Bankruptcy Judge.

Today, this Court is asked to resolve a bitterly contested involuntary Chapter 7 petition. Unlike most cases however, the principal combatants here are not merely an unrelated group of petitioning creditors versus an alleged debtor. Instead, this seemingly implacable dispute is interwoven with the underlying and increasingly acrimonious business relationship...

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