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IN RE FRASCELLA ENTERPRISES, INC.

Bankruptcy No. 06-10322DWS. Adversary No. 06-0101.

388 B.R. 619 (2008)

In re FRASCELLA ENTERPRISES, INC., d/b/a CashToday, Debtor. Lawrence Turner, Linda Davis and Demryi Hill, on behalf of themselves and all others similarly situated, Plaintiffs, v. Frascella Enterprises, Inc., d/b/a Cash-Today, Larry D. Frascella, David W. Frascella, Jr., and Theresa Frascella, Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

June 6, 2008.

Attorney(s) appearing for the Case

Irv Ackelsberg, Langer & Grogan, P.C., Kerry E. Smith, Community Legal Services, Inc., Philadelphia, PA, for Plaintiffs.

Aris J. Karalis, Maschmeyer Karalis P.C., Edmond M. George, Obermayer Rebmann Maxwell & Hippel, LLP, Marc J. Zucker, Susan Verbonitz, Weir & Partners LLP, Philadelphia, PA, for Defendants.

Opinion

DIANE WEISS SIGMUND, Bankruptcy Judge.

Before the Court is the Defendants' Motion For Stay Pending Appeal to District Court (the "Stay Motion").1 After expedited notice and hearing and for the reasons that follow, the Stay Motion is denied.2

BACKGROUND

On May 8, 2008, I issued a Memorandum Opinion and Order enforcing a settlement agreement between Plaintiffs and Defendants...

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