In the Matter of BOSTON AND MAINE CORPORATION, Debtor,
v.
The FIRST NATIONAL BANK OF BOSTON et al., Appellants.
United States Court of Appeals, First Circuit.https://leagle.com/images/logo.png
Argued November 7, 1979.
Decided March 13, 1980.
Attorney(s) appearing for the Case
Edward T. Robinson, Boston, Mass., with whom Thomas I. Elkind, Gaston Snow & Ely Bartlett, and Joseph H. B. Edwards, Bingham, Dana & Gould, Boston, Mass., were on brief, for appellant.
Robert M. Gargill, Boston, Mass., with whom Zdislaw W. Wieckowski, Choate, Hall & Stewart, and Charles W. Mulcahy, Jr., Boston, Mass., were on brief for appellees Trustees of The Boston and Maine Corporation, debtor.
Joseph D. S. Hinkley, Linda D. Chase and Peabody & Arnold, Boston, Mass., on brief for appellees State Street Bank and Trust Company et al.
Before COFFIN, Chief Judge, BOWNES, Circuit Judge, CLARKE, District Judge.
United States Court of Appeals, First Circuit.
BOWNES, Circuit Judge.
This appeal focuses on another chapter1 in the continuing effort to reorganize the Boston and Maine Corporation. This one involves the reduction of corporate debt through the purchase of first mortgage bonds. The issues presented are: (1) whether the district court supervising the reorganization (the Reorganization Court) abused its discretion in dismissing bondholders' petitions requesting payment of interest
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