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MATTER OF GAC CORP.

No. 76-131-BK-JCP-H.

6 B.R. 981 (1980)

In the Matter of GAC CORPORATION et al., Debtors. Erwin NOVAK et al., Appellants, v. Frank J. CALLAHAN and Herbert S. Freehling, Chapter X Co-Trustees, Appellees. Josh WESTON et al., Appellants, v. Frank J. CALLAHAN and Herbert S. Freehling, Appellees.

United States District Court, S.D. Florida.

September 23, 1980.

Attorney(s) appearing for the Case

Richard D. Greenfield, Sterling H. Schoen, Jr., Robert P. Frutkin, Gilbert Ashley, Bala Cynwood, Pa. and Susan Goldman, Miami, Fla. for Novak.

Bader & Bader, White Plains, N.Y., for Weston.

James E. Yacos, John Rodgers Camp, Jr., Miami, Fla., of counsel for Chapter X co-trustees.

Grant G. Guthrie, Michael A. Berman, Elliot M. Pinta, Washington, D.C., for S.E.C.

MEMORANDUM OPINION

PAINE, District Judge.

This is an appeal from the Order Re Objections to Class Claims and Punitive Damages by Bankruptcy Judge Paul G. Hyman on December 21, 1978. Specifically, it was ordered that:

(1) The Trustees' objections and motions to strike with regard to Claim No. C-2516 (Josh Weston, et al.) are sustained and granted and said claim is hereby stricken and disallowed.

(2...

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