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IN RE PT-1 COMMUNICATIONS, INC.

No. 01-12655.

304 B.R. 601 (2004)

In re PT-1 Communications, Inc., Debtor.

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

February 4, 2004.

Attorney(s) appearing for the Case

Angel & Frankel, P.C., by Lawrence May, Rochelle R. Weisburg, New York City, for Debtor.

McCarter & English, LLP, by Patricia Mullon Zohn, Newark, NJ, for Creditors' Committee.

Hughes, Hubbard & Reed, LLP, by Andrea Hazzard, New York City, for Spano Claimants.

Department of Justice, by Linda Riffkin, New York City, Office of the U.S. Trustee.

MEMORANDUM DECISION ON DEBTORS' MOTION FOR AN ORDER SUBORDINATING OR EXPUNGING THE CLAIMS OF PETER SPANO, CAROLYN GUGLIELMO AND TERESA D'AVANZO

CONRAD B. DUBERSTEIN, Chief Judge.

This matter is before the Court on the Motion by PT-1 Communications, Inc. ("PT-1"), PT-1 Long Distance, Inc. ("Long Distance") and PT-1 Technologies, Inc. ("Technologies") (the "Debtors") for an order subordinating or expunging the claim of Peter Spano, Carolyn Guglielmo...

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