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IN RE HANOVER SQUARE SECURITIES

Bankruptcy No. 83 B 6155 (TLB), TP 70056.

55 B.R. 235 (1985)

In re HANOVER SQUARE SECURITIES, Debtor.

United States Bankruptcy Court, S.D. New York.

November 22, 1985.

Attorney(s) appearing for the Case

Hughes, Hubbard & Reed by Alan H. McLean, Jacqueline D. Gilbert, New York City, for trustee.

Munves, Tanenhaus & Storch, Richard, Patricia and Sylvan Ross, by Steven G. Storch, New York City, for claimants.

Theodore H. Focht, Gen. Counsel, by Josephine Wang, Washington, D.C., for Sec. Investor Protection Corp.

DECISION AND ORDER ON TRUSTEE'S MOTION TO AFFIRM HIS DECISION DENYING CUSTOMER STATUS

TINA L. BROZMAN, Bankruptcy Judge.

This dispute is the latest in a long series seeking to determine who is entitled to the protection given to "customers" of a broker-dealer undergoing liquidation in accordance with the Securities Investor Protection Act of 1970, as amended ("SIPA"), 15 U.S.C. § 78eee(b)(1). On December 15, 1983, and upon application by the Securities...

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