Mendelsohn v. Lissauer (In Re Mindeco Corp.)

MEMORANDUM OF DECISION AND ORDER

SPATT, District Judge.

This bankruptcy appeal arises from the claims of the Trustee-plaintiff, Allan B. Mendelsohn (the “Trustee” or the “plaintiff’), against the defendant, Stanley Lissauer (“Lissauer” or the “defendant”): (1) to avoid a lien interest held by the defendant in certain collateral; .or (2) in the alternative, to equitably subordinate the defendant’s secured interest in this collateral to all general unsecured claims; and for an order that this subordinated claim be transferred to the bankruptcy estate. The defendant makes counterclaims for release…