IN RE EMPRESAS OMAJEDE, INC.

Civ. No. 98-1374(JAF), Bankruptcy No. 90-03612 ESL.

227 B.R. 767 (1998)

In re EMPRESAS OMAJEDE, INC., Debtor. Antonio BETANCOURT, Delfina Betancourt, and Olga Capo-Roman, Movants-Appellants, v. A.J. BENNAZAR-ZEQUEIRA; Antonio I. Hernandez-Rodriguez; William M. Vidal-Carvajal; Ismael R. Colon-Perez; La Electronica, Inc.; Carlos R. Rios-Gautier; Juan C. Pou, and Maria Luisa Betancourt, Respondents-Appellees.

United States District Court, D. Puerto Rico.

December 22, 1998.


Attorney(s) appearing for the Case

Charles A. Cuprill-Hernandez, Ponce, PR, Antonio Betancourt-Capo, New York City, for Empresas Omajede, Inc.

Jose R. Garcia-Perez, A.J. Bennazar Zequeira Law Offices, Hato Rey, PR, for A.J. Bennazar-Zequeira.

Michael Trias-Fraticelli, Hato Rey, PR, for La Electronica, Inc.

William M. Vidal-Carvajal, San Juan, PR, Pro se.

Antonio I. Hernandez-Rodriguez, Hernandez & Vidal, San Juan, PR, Pro se.

Ismael R. Colon-Perez, Hernandez & Vidal, San Juan, PR, Pro se.

Carlos R. Rios-Gautier, Hato Rey, PR, Pro se.

Juan C. Pou-Martinez, Latimer, Biaggi, Rachid & Godreau, San Juan, PR, Pro se.


OPINION AND ORDER

FUSTE, District Judge.

This is an appeal from the January 26, 1998 order of the United States Bankruptcy Court for the District of Puerto Rico ("Bankruptcy Court") denying the motion of Olga Capó-Román, Delfina Betancourt-Capó, and Antonio Betancourt-Capó, as equity security holders of Empresas Omajede, Inc. ("Omajede") (hereinafter "Appellants") for the imposition...

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