IN RE GENERAL CREDIT CORP.

No. M-47 (JSR).

283 B.R. 658 (2002)

In re GENERAL CREDIT CORP., et al.

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

October 8, 2002.


Attorney(s) appearing for the Case

Joshua J. Angel, Michele E. Cosenza, Angel & Frankel, P.C., New York City, for debtors.

Isaac Nutovic, Nutovic & Associates, New York City, Barry R. Feerst, P.C., Brooklyn, NY, for appellants.


MEMORANDUM ORDER

RAKOFF, District Judge.

The instant motion implicates the surprisingly unresolved question of how strong a showing on the underlying merits must be made by a party seeking a stay of an order of the bankruptcy court pending appeal of that order to the district court.

By way of background, on September 20, 2002, the Honorable Cornelius Blackshear, United States Bankruptcy Judge, issued an order, pursuant to 11 U.S.C. §...

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