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MATTER OF INVESTORS SEC. CORP.

Bankruptcy No. 75-1036.

6 B.R. 415 (1980)

In the Matter of INVESTORS SECURITY CORPORATION, Bankrupt. Thomas P. RAVIS, Esq., Trustee for Investors Security Corporation, Plaintiff, v. Leonard LABRIOLA and Mary Ann Labriola, Defendants.

United States Bankruptcy Court, W.D. Pennsylvania.

July 30, 1980.

Attorney(s) appearing for the Case

James E. White, Stevens, Clark, Laubach & Semple, Pittsburgh, Pa., for trustee.

Charles F. Scarlata, Scarlata & Deriso, Pittsburgh, Pa., for claimants.

MEMORANDUM OPINION

GERALD K. GIBSON, Bankruptcy Judge.

The matter presently before the Court is the objection of Leonard and Mary Ann Labriola to the trustee's determination denying their claim of $100,000.00 in the liquidation of Investors Security Corporation (the Debtor) pursuant to the Securities Investor Protection Act of 1970, 15 U.S.C. § 78aaa et seq. (SIPA). On September 15, 1975, upon application of the Securities Investor Protection...

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