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IN RE NEMKO, INC.

Bankruptcy No. 190-11025-260. Adversary No. 191-1110-260.

241 B.R. 301 (1999)

In re NEMKO, INC., Debtor. The Chase Manhattan Bank, N.A., Plaintiff, v. Nemko, Inc., debtor and debtor-in-possession, and Summit Bank, f/k/a United Jersey Bank, Defendants.

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

November 23, 1999.

Attorney(s) appearing for the Case

Chadbourne & Parke LLP, by Howard Seife, New York City, for plaintiff/The Chase Manhattan Bank.

Satterlee Stephens Burke & Burke LLP, by Christopher R. Belmonte, New York City, for defendant/Summit Bank.

DECISION ON PLAINTIFF CHASE MANHATTAN BANK'S MOTION FOR SUMMARY JUDGMENT

CONRAD B. DUBERSTEIN, Chief Judge.

MEMORANDUM OPINION

This is a motion for summary judgment on the issue of prejudgment interest. The motion is granted.

PROCEDURAL BACKGROUND1

Plaintiff, The Chase Manhattan Bank, N.A., ("Chase"), instituted the within adversary proceeding on March 11, 1991 against Defendant, United Jersey Bank...

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