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IN RE MORRIS WHITE HANDBAGS CORPORATION

No. 360.

77 F.2d 827 (1935)

In re MORRIS WHITE HANDBAGS CORPORATION.

Circuit Court of Appeals, Second Circuit.

June 10, 1935.

Attorney(s) appearing for the Case

Saul S. Myers, of New York City (Henry Cohen, of New York City, of counsel), for appellants.

Proskauer, Rose & Paskus, of New York City (Norman S. Goetz, Alfred Appel, and Jacob P. Aronson, all of New York City, of counsel), for appellee.

Before L. HAND, SWAN, and CHASE, Circuit Judges.

SWAN, Circuit Judge.

The facts necessary to an understanding of this appeal are somewhat complicated. In April, 1931, an equity receivership suit was begun against Morris White, Inc., a corporation engaged in the manufacture and sale of ladies' handbags, and on June 15, 1931, a decree was entered therein authorizing the sale of the assets of Morris White, Inc., under a plan of reorganization. This contemplated the formation of the Morris White Handbags Corporation...

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