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IN RE BROOKFIELD CLOTHES, INC.

Bankruptcy No. 82 B 11741 PA, Adv. No. 83-5951A.

60 B.R. 601 (1986)

In re BROOKFIELD CLOTHES, INC., Debtor. OLD STONE BANK, Plaintiff, v. JASON GIBBS, INC. and Brookfield Clothes, Inc., Defendants.

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

April 30, 1986.

Attorney(s) appearing for the Case

Kreindler & Relkin, P.C., New York City, for Old Stone Bank.

Tenzer, Greenblatt, Fallon & Kaplan, New York City, for Jason Gibbs, Inc.

Angel & Frankel, P.C., New York City, for Brookfield Clothes, Inc.

MEMORANDUM DECISION ON PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT

PRUDENCE B. ABRAM, Bankruptcy Judge.

Presently before this court for resolution is a motion for summary judgment made by Old Stone Bank (the "Bank"), the plaintiff in this adversary proceeding. On September 19, 1983, the Bank commenced this adversary proceeding against Brookfield Clothes, Inc. ("Brookfield"), the Chapter 11 Debtor, and Jason Gibbs, Inc. ("Gibbs"), the purchaser of Brookfield...

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