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MATTER OF PRINCETON-NEW YORK INVESTORS, INC.

No. CIV. 96-3281.

219 B.R. 55 (1998)

In the Matter of PRINCETON-NEW YORK INVESTORS, INC. and Seasons Resorts, Inc., Debtors. FIRST UNION NATIONAL BANK, f/k/a First Fidelity Bank, N.A., Appellant, v. Robert P. GIBBONS, Trustee, Appellee.

United States District Court, D. New Jersey.

March 13, 1998.

Attorney(s) appearing for the Case

Stuart J. Glick, Hannoch Weisman, Roseland, NJ, for Appellant.

John A. Adler, Hellring, Lindeman, Goldstein & Siegal, Newark, NJ, for Appellee.

OPINION

WOLIN, District Judge.

The current case is before the Court on the appeal of appellant First Union National Bank ("First Union"), formerly known as First Fidelity Bank, N.A., from the June 6, 1996 Order (the "Order") entered by the Bankruptcy Court denying First Union's motion to dismiss as to First Union for failure to state a claim.1 Appellee the Chapter 11 trustee Robert Gibbons (the "Trustee") opposes the appeal...

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