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IN RE TICKETPLANET.COM

Bankruptcy No. 01-15383(ALG). Adversary No. 03-92508(ALG).

313 B.R. 46 (2004)

In re TICKETPLANET.COM, Debtor. Angela Tese-Milner, as Chapter 7 Trustee of Ticketplanet.com, Plaintiff, v. TPAC, LLC, Sky Capital, Ltd., Sky Capital Holdings, Ross H. Mandell, Michael Passaro, Michael Recca, Golub & Golub, LLC, Zeigler Zeigler & Altman, John Does 1 and 2, Defendants.

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

June 10, 2004.

Attorney(s) appearing for the Case

Tese & Milner, By Angela Tese-Milner, Esq., Michael M. Milner, Esq., New York, for the Plaintiff/Chapter 7 Trustee.

Wilmer, Cutler & Pickering, Michael Passaro and Michael Recca, By Andrew Goldman, Esq., New York, for Defendants Ross H. Mandell.

Nixon Peabody, LLP, By Douglas Spelfogel, Esq., Garden City, for TPAC, LLC, Sky Capital, Ltd., and Sky Capital Holdings.

Traub Eglin Lieberman Straus, By Lisa L. Shrewsberry, Esq., Hawthorne, for Defendant Golub & Golub, LLP.

Zeigler Zeigler & Associates LLP, By Scott A. Zeigler, Esq., New York, for Zeigler Zeigler & Altman LLP.

MEMORANDUM OF DECISION

ALLAN L. GROPPER, Bankruptcy Judge.

The Chapter 7 Trustee of the Debtor, Ticketplanet.com, Inc. has filed an adversary proceeding against ten defendants, alleging that the defendants perpetrated a fraudulent scheme to deplete the Debtor's estate for their benefit and avoid responsibility for its liabilities. The Amended Complaint ("Complaint") is in thirteen counts and sets forth the following claims for relief: (1) fraud; ...

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