Philmar Jewelers, Inc. v. Cirkinyan (In Re Cirkinyan)

OPINION

WALLS, District Judge.

This matter comes before the Court on appeal from a decision of the Bankruptcy Court, and raises three difficult procedural issues.

BACKGROUND

On January 26, 1995, defendant-appellee Garabet Cirkinyan, who had been a diamond setter, filed for relief under Chapter 7 of the Bankruptcy Code. The creditors, Philmar Jewelers, Inc., A.S.K. Co., Bijan Fine Jewelry, Inc., Fabrikant & Sons, Inc., Blau-weiss/Berkowitz, Monaco Imports, Finest Castings, Jeff Greenwald, Inc., Leon Dim-stron Co, Inc., Abest Import Corp., and Namdar Sons, Inc., who are the plaintiffs-appellants of…