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IN RE OMEGA TRUST

Bankruptcy Nos. 89 B 11741(CB)-89 B 11752(CB).

110 B.R. 665 (1990)

In re OMEGA TRUST, Debtor. In re FEMMAR FOUNDATION, Debtor. In re GEOMER CORPORATION, Debtor. In re CADREST (DALLAS) INC., Debtor. In re CADILLAC RESTAURANTS INC., Debtor. In re CADREST (HOUSTON) INC., Debtor. In re NEUTER LIMITED, Debtor. In re GNS CORP. d/b/a Genius Corporation, Debtor. In re CADILLAC BAR INC., Debtor. In re MONCAR INVESTMENTS INC., Debtor. In re CADREST (NEW YORK) INC., Debtor. In re Kenneth NEWMAN, Debtor.

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

As Amended February 9 and February 28, 1990.

Attorney(s) appearing for the Case

Edward Kanbar, New York City, for debtors and petitioning creditor Fanny Newman.

Patterson, Belknap, Webb & Tyler, New York City (David W. Dykhouse and Scott Horton, of counsel), for Omega Trust, et al., alleged debtors.

Facts

CORNELIUS BLACKSHEAR, Bankruptcy Judge.

Upon the Motion of Omega Trust, Geomer Corporation, Cadrest (Dallas) Inc., Cadillac Restaurants Inc., Cadrest (Houston) Inc., Neuter Limited, GNS Corp. (doing business as Genius Corporation), Cadillac Bar Inc., Moncar Investments Inc. and Cadrest (New York) Inc. (the "Entities") for an award of sanctions pursuant to Bankruptcy rule 9011 and 28 U.S.C. § 1927; and after a hearing of this Court held...

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