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IN RE BORISON

Bankruptcy Nos. 94-B-43467(PCB), 94-B-43468(PCB), 94-B-43469(PCB), 94-B-43470(PCB), 94-B-43471(PCB), 94-B-43480(PCB), 94-B-43481(PCB), Adversary No. 95-8852A.

226 B.R. 779 (1998)

In re Edwin BORISON, LDV Oil, Inc., Centurion Oil, Inc., Amadeus, Inc., Optima Exploration, Inc., Olympus Limited Partnership, Debtors. William J. CONDREN and Joseph Cornacchia, Plaintiffs, v. Lynn HARRISON, as Chapter 7 Trustee for the Estate of Edwin B. Borison, and Barbara Balaber-Strauss, as Chapter 7 Trustee for the Estates of LDV Oil, Inc., Centurion Oil, Inc., Amadeus, Inc., Darnoc, Inc., Optima Exploration, Inc., an Olympus Limited Partnership, Defendants.

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

March 18, 1998.

Attorney(s) appearing for the Case

Gersten Savage Kaplowitz & Curtin, LLP By Douglas T. Tabachnik, New York City, for William J. Condren and Joseph Cornacchia.

Curtis, Mallet-Prevost, Colt & Mosle By Alan J. Brody, New York City, for Lynn P. Harrison, III as Chapter 7 Trustee for Edwin B. Borison.

Barbara Balaber-Strauss, P.C., White Plains, NY, for Barbara Balaber-Strauss as Chapter 7 Trustee for LDV Oil, Inc., et al.

MEMORANDUM DECISION GRANTING PLAINTIFFS' MOTION FOR SUMMARY JUDGMENT

PRUDENCE CARTER BEATTY,* Bankruptcy Judge.

This adversary proceeding was commenced by William J. Condron and Joseph Cornacchia (the "60% Claimants") for the purpose of obtaining a declaration that they are the owners of 60% of certain oil and gas property interests located in Oklahoma (the 60% interests hereafter are referred to as the "Property"), title...

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