KEARSE, Circuit Judge: This appeal arises from the collapse and ultimate bankruptcy of two affiliated firms, U.S.N., Inc. (“USN”), and Universal Money Order Co., Inc. (“UMO”), companies in the business of issuing money orders. Plaintiffs Herbert Rubin and Eliot H. Lumbard, bankruptcy trustees of USN and UMO, respectively, appeal from a judgment of the United States District Court for the Southern District of New York, <spa…
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