IN RE D'ANGELO

No. 09-18208 (RTL).

409 B.R. 296 (2009)

In re Diana D'ANGELO, Debtor.

United States Bankruptcy Court, D. New Jersey.

August 14, 2009.


Attorney(s) appearing for the Case

Joseph I. Windman, Esq., Freehold, NY, for Debtor.

Anne Milgram, Esq., Attorney General of New Jersey, by Stacy-Ann T. Davy, Esq., Deputy Attorney General, for New Jersey Bureau of Securities.


OPINION

RAYMOND T. LYONS, Bankruptcy Judge.

INTRODUCTION

The New Jersey Bureau of Securities ("The Bureau") has a pending action in state court against the Debtor seeking disgorgement of the proceeds of securities fraud. The Debtor has not been accused of participating in the fraud, but of receiving the financial benefit of the fraud. Because the court finds that a state action seeking the...

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