District Court, S.D. New York November 10, 1983, Bankruptcy Nos. 82-B-20514; Adv. Nos. 83-6104, 82-6307 (Dolph Clothiers, Inc. v. Salomon (In re Martin Fein & Co.))

DECISION ON TRUSTEE’S MOTION FOR SUMMARY JUDGMENT

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The disposition of funds by an auctioneer, whose corporation was thrown into bankruptcy by three estates whose funds were squandered, has led to litigation between the trustee in bankruptcy of the corporate auctioneer and various entities for whom the auctioneer conducted sales.