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IN RE INDUSTRIAL CONCERNS, INC.

Bankruptcy No. 02-28591-BM, Motion No. 02-7332M.

289 B.R. 609 (2003)

In re INDUSTRIAL CONCERNS, INC., Debtor. AMG Resources Incorporated, Allan Goldstein and Ronald Zorn, Movants, v. Industrial Concerns, Inc., Charles Barletto and Thomas Metesic, Respondents.

United States Bankruptcy Court, W.D. Pennsylvania.

February 21, 2003.

Attorney(s) appearing for the Case

David K. Rudov, Esq., Rudov & Stein, Pittsburgh, PA, for Movants.

Robert O Lampl, Esq., Pittsburgh, PA, for Debtor.

MEMORANDUM OPINION

BERNARD MARKOVITZ, Bankruptcy Judge.

AMG Resources Corporation has brought a motion to dismiss the voluntary chapter 11 petition which was filed in this case on behalf of Industrial Concerns, Inc ("ICI") by its president, Charles Barletto, without obtaining prior authorization of ICI's board of directors. AMG Resources, which owns fifty percent of ICI's outstanding shares of stock, maintains that Barletto lacked authority to file...

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