MEMORANDUM OPINION AND ORDER
MARTIN, District Judge.
This is an appeal of a ruling of the United States Bankruptcy Court for the Southern District of New York (Judge Stuart Bernstein) holding that Gary Gelman, Appellant, had withdrawn an irrevocable bid to purchase property being sold by the Debtor and had, therefore, forfeited his deposit. For the following reasons, the Bankruptcy Court's post-trial opinion denying Gelman's application for the return of...
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