Murray v. McGraw (In Re Bell)

OPINION AND ORDER

JOHN W. POTTER, District Judge.

This matter is before the Court on appeal from bankruptcy court’s final decision in adversary proceeding No. 84-0036 of bankruptcy court case No. 83-0132. Defendant-appellant Patrick McGraw (Trustee) and the Securities Investor Protection Corporation (SIPC) (collectively hereafter appellants) appeal Bankruptcy Judge Richard L. Speer’s January 2, 1985 memorandum and order granting plaintiffs-appellees’ (hereafter Murrays) motion for summary judgment pursuant to Bankruptcy Rule 7056 and Fed.R.Civ.P. 56(a).

The bankruptcy court found that on…