In Re Bank of New England Corp.
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM AND ORDER
O’TOOLE, District Judge.
I. Introduction and Procedural History
In 1991, the Bank of New England Corporation (“BNEC”) filed a petition for relief under Chapter 7 of the Bankruptcy Code, 11 U.S.C. §§ 101 et seq. Dr. Ben S. Branch serves as Chapter 7 Trustee of the BNEC bankruptcy estate. On May 23, 2001, he filed with the bankruptcy court a motion for an order authorizing a fourth interim distribution from the estate for the benefit of certain creditors. Other creditors objected to the allowance of the motion, and those creditors have moved to withdraw the reference of the…
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