IN RE ADLER, COLEMAN CLEARING CORP.

Bankruptcy No. 95-08203 JLG. Adversary No. 97/8423A.

247 B.R. 51 (1999)

In re ADLER, COLEMAN CLEARING CORP., Debtor. Edwin B. Mishkin, as SIPC Trustee for the Liquidation of the Business of Adler, Coleman Clearing Corp., Plaintiff, v. Daniel David Ensminger, et al., Defendants.

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

December 15, 1999.


Attorney(s) appearing for the Case

Kenneth J. Caputo, Associate General Counsel and Senior Trial Counsel, Washington, DC, for Securities Investor Protection Corporation.

Cleary, Gottlieb, Steen & Hamilton, New York, for Trustee.

Zeisler & Zeisler, P.C., Bridgeport, CT, for certain Claimants.

Gould & Ratner, Chicago, IL, for certain Claimants.

Sadler & Associates, P.C., Atlanta, GA, for Claimants David Laskey, Kenneth Leech and Michael and Laura Polselli.

Kalmus & Martuscello, P.C., New York, for Claimant William G. Giarusso.

Bruce A. Langer, Esq., New York, for Claimants Catherine and John Romano.

Satterlee Stephens Burke & Burke LLP, New York, for Claimant Ann D. Kusch.

Ziegler, Ziegler & Altmann LLP, New York, for Claimant A.F. Lehmkuhl.

Shereff, Friedman, Hoffman & Goodman, LLP, New York, for Claimant Dr. David L. Ostman.

Kohrman Jackson & Krantz P.L.L., Cleveland, OH, for Claimant Norman Bennett.

Deutsch & Lipner, Garden City, for Claimant Robert Jurgensmeyer.

Schneck Weltman & Hashmall LLP, New York, for Claimant Gary Anderson.

Anthony Motta, Esq., New York, for Claimant Dr. David Sulman.

S.W. Azriliant, P.C., New York, for Claimants Georgios and Maria Kapsalis.


DECISION ON TRUSTEE'S COMPLAINT SEEKING JUDGMENT UPHOLDING HIS DETERMINATIONS REGARDING CERTAIN CUSTOMER CLAIMS

JAMES L. GARRITY, Jr., Bankruptcy Judge.

Introduction

Adler, Coleman Clearing Corp. ("Adler" or "debtor") is subject to this liquidation proceeding under the Securities Investor Protection Act of 1970, as amended, 15 U.S.C. §§ 78aaa-lll (1970) ("SIPA"). Edwin B. Mishkin, Esq., is the Securities...

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