District Court, E.D. New York July 23, 2003, No. 03-CV-0370 JS MLO (Broward Title Co. v. Matrix Capital Bank (In re AppOnline.com, Inc.))

MEMORANDUM AND DECISION

SEYBERT, District Judge.

Pending before this Court is an appeal arising from a bankruptcy action filed in the United States Bankruptcy Court for the Eastern District of New York by Debtors AppOnline.com, Inc. (“AppOnline”) and Island Mortgage Network, Inc. (“Island Mortgage”) (collectively, “Debtors”).