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IN RE LILYKNIT SILK UNDERWEAR CO.

No. 352.

64 F.2d 404 (1933)

In re LILYKNIT SILK UNDERWEAR CO., Inc.

Circuit Court of Appeals, Second Circuit.

April 17, 1933.

Attorney(s) appearing for the Case

Joseph Dannenberg, of New York City, for appellant.

Louis J. Schwartz, of New York City (David W. Kahn, of New York City, of counsel), for appellee.

Before L. HAND, SWAN, and AUGUSTUS N. HAND, Circuit Judges.

SWAN, Circuit Judge.

An involuntary petition in bankruptcy was filed against Lilyknit Silk Underwear Company, a corporation, on June 30, 1932. Thereafter, and before adjudication, the bankrupt offered terms of composition to its creditors which were accepted by a majority in number and amount. The appellant and certain other creditors filed objections. The matter having been referred to a special master, he reported adversely...

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