IN RE APPONLINE.COM, INC.

Bankruptcy Nos. 800-84686-478, 800-84687-78, 800-85007-478, 800-85195-478 to 801-85202-478. Adversary No. 802-8261-ess.

315 B.R. 259 (2004)

In re APP0NLINE.COM, INC., and Island Mortgage Network Inc., et al., Debtors. Alan M. Jacobs, Chapter 11 Trustee of the Estates of AppOnline.com, Inc., Island Mortgage Network, Inc., and Action Abstract, Inc., Plaintiff, v. Matrix Capital Bank, Defendant.

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

September 30, 2004.


Attorney(s) appearing for the Case

Kramer Levin Naftalis & Frankel LLP, By Kenneth H. Eckstein, P. Bradley O'Neill, New York, for the Chapter 11 Trustee.

Wachtel & Masyr, LLP, By Steven J. Cohen, New York, for Matrix Capital Bank.


MEMORANDUM DECISION GRANING IN PART CHAPTER 11 TRUTEE'S MOTION FOR SUMMARY JUDGMENT ON FIRST COUNT OF COMPLAINT AND DENYING MTRIX CAPITAL BANK'S MOTION FOR SUMMARY JUDGMENT

ELIZABETH S. STONG, Bankruptcy Judge.

This adversary proceeding was commenced by the filing of a complaint (the "Complaint") by Alan M. Jacobs as Chapter 11 Trustee (the "Trustee") of the estates of AppOnline.com, Inc., Island Mortgage Network, Inc., and Action Abstract, Inc. ...

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