Union Trust Philadelphia, LLC v. Singer Equipment Co. (Union Trust Philadelphia, LLC)

MEMORANDUM OPINION

MAGDELINE D. COLEMAN, Bankruptcy Judge.

Introduction

This Memorandum Opinion is consistent with the Court’s June 7, 2011 order (the “Order”) issuing a preliminary injunction staying all enforcement proceedings against the principals of the Debtor, Joseph Grasso and Garret Miller and is submitted pursuant to Local Rule 8001 — 1(b) 1 to further expound upon the reasons for the Order. The discussion below also constitutes the Court’s findings of facts and conclusions of law as required by Fed. R.Civ.P. 52 made applicable to this matter by Fed. R. Bankr.P. 7052.

Factual and…