District Court, N.D. Ohio December 16, 2008, 3:08 CV 1873, 3:08 CV 1874 (Pheasant v. Zaremba)

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MEMORANDUM OPINION AND ORDER

JACK ZOUHARY, District Judge.

Procedural Background

This appeal arose from two prior bankruptcy proceedings. The first, and ultimate underlying proceeding, is a case filed in August 2003 by Securities Investor Protection Corporation (SIPC) against Continental Capital Investment Services and Continental Capital Securities (Adversary Proceeding No. 03-3370).