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IN RE VEBELIUNAS

Bankruptcy No. 98 B 45466. Adversary Nos. 99-2379, 00-2297.

252 B.R. 878 (2000)

In re Vytautas VEBELIUNAS, Debtor. Roy Babitt, Trustee, Plaintiff, v. Vytautas Vebeliunas, Defendant. Roy Babitt, Trustee, Plaintiff, v. Vytautas Vebeliunas, individually and as trustee of a Revocable, Vart Trust, Vanda Vebeliunas, individually and as trustee of an Irrevocable Vart Trust, Daniel Lipman, Melissa Lipman, Chase Manhattan Bank, and Citibank, N.A., Defendants.

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

April 21, 2000.

Attorney(s) appearing for the Case

Bauner Baron Rosenweig & Klein, LLP, by Jon D. Kaplon, Son K. Le, New York City, for Roy Babitt, Plaintiff-Trustee.

Feder, Goldstein, Tannenbaum, D'Errico & Arnedos, LLP, by Frank N. D'Errico, Carle Place, NY, for Defendant Vanda Vebeliunas, individually and as trustee of the Irrevocable Vart Trust.

Vytautas Vebeliunas, individually and as trustee of the Revocable Vart Trust, Richmond Hill, Defendant, pro se.

Dollinger Gonski & Grossman, by Matthew Dollinger, Leslie Foodim, Carle Place, NY, for Chase Manhattan Bank.

Moses & Singer, by Alan Gamza, Jerome Lasky, New York, NY, for Citibank, N.A.

Steinberg & Associates, by Herbert Noel Steinberg, Kew Gardens, NY, for Daniel and Melissa Lipman.

MEMORANDUM OF DECISION

RICHARD L. BOHANON, Bankruptcy Judge.

This memorandum, following a trial, is made pursuant to Rule 52 of the Federal Rules of Civil Procedure which is adopted in bankruptcy proceedings by Rule 7052 of the Federal Rules of Bankruptcy Procedure. Two separate adversary proceedings have been consolidated for trial.

When the plaintiff rested his case Vanda Vebeliunas moved for judgment as a matter of law under Rule 52(c)...

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