PETITION OF TRECO

Bankruptcy No. 95 B 44326(JLG), Adversary No. 98/9182A.

227 B.R. 343 (1998)

In re Petition of Alison J. TRECO and David Patrick Hamilton, as Liquidators of Meridien International Bank Limited (In Liquidation), Debtor in Foreign Proceedings. JCPL LEASING CORP. and The Bank of New York, Plaintiffs, v. Alison J. TRECO and David Patrick Hamilton, as Liquidators of Meridien International Bank Limited (In Liquidation), Meridien International Bank Limited; J.S. Ward and N. Allen as Joint Liquidators of Zambia Airways Corporation Limited (In Liquidation), Zambia Airways Corporation Limited; Alain Rukavina, as Receiver of ITM International S.A. (In Liquidation); ITM International S.A.; and Meridien Aviation S.A.Z.F., Defendants.

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

December 1, 1998.


Attorney(s) appearing for the Case

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

Stroock & Stroock & Lavan LLP, New York City, for Petitioners Alison J. Treco and David Hamilton.

Nixon, Hargrave, Devans & Doyle, New York City, for Alain Rukavina, as Receiver of ITM International S.A.

Schulte, Roth & Zabel LLP, New York City, for the Joint Liquidators of Zambia Airways Corporation Limited (In Liquidation).

Anderson Kill & Olick, P.C., New York City, for the Deposit Insurance Board, as assignee of Meridien BIAO Bank Tanzania Limited.


MEMORANDUM DECISION ON MOTION FOR LEAVE TO SERVE COMPLAINT AND PROSECUTE ACTION AND FOR ORDER CONSOLIDATING DISCOVERY, AND CROSS-MOTION TO DISMISS FOR LACK OF SUBJECT MATTER JURISDICTION

JAMES L. GARRITY, Jr., Bankruptcy Judge.

By order dated March 14, 1996, we enjoined the Bank of New York ("BNY") and JCPL Leasing Corp. ("JCPL") (collectively, the "plaintiffs") from commencing or continuing any judicial, administrative or regulatory action...

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