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MATTER OF COUNTRY CLUB CASUALS, INC.

Bankruptcy No. 79-628-BK-JE-B.

1 B.R. 274 (1979)

In the Matter of COUNTRY CLUB CASUALS, INC., and Prissy, Inc., Bankrupts. CAPITAL BANK, Plaintiff, v. COUNTRY CLUB CASUALS, INC., Prissy, Inc., Chase Manhattan Bank, N.A. and A.J. Armstrong Co., Inc., Defendants.

United States Bankruptcy Court, S.D. Florida.

October 30, 1979.

Attorney(s) appearing for the Case

Scott L. Baena, Miami, Fla., for Capital Bank.

Robert A. Schatzman, Miami, Fla., for Trustee.

Timothy J. Norris, Miami, Fla., for A.J. Armstrong Co.

John H. Gunn, Miami, Fla., for Debtors, Country Club Casuals & Prissy, Inc.

Jerry B. Crockett, Miami, Fla., for S.E. Nat. Bank of Miami, Fla.

Milbank, Tweed, Hadley & McCloy, New York City, for Chase Manhattan Bank.

FINDINGS AND CONCLUSIONS

THOMAS C. BRITTON, Bankruptcy Judge.

Plaintiff is a secured creditor of the bankrupts. Its amended complaint (C.P. No. 53) seeks a set-off against $100,000 it holds for the credit of one of the bankrupts, Prissy. It has joined a factor and two banks as defendants in order that all possible claimants be before the court. All the defendants have answered and the factor has asserted a counterclaim. (C.P. Nos. 29, 54, 55 and 80) All...

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