IN RE GARMENT CENTER CAPITOL, INC.


13 F.Supp. 908 (1935)

In re GARMENT CENTER CAPITOL, Inc.

District Court, S. D. New York.

May 6, 1935.


Attorney(s) appearing for the Case

Schiff, Dorfman & Stein, of New York City, for petitioner Alice E. Cohen.

O'Connor & Farber, of New York City, for temporary trustees.

Lind, Shlivek, Marks & Brin, of New York City, for David H. Orgel.

Greenbaum, Wolff & Ernst, of New York City, for debenture holders' committee.

Cravath, deGersdorff, Swaine & Wood and William Klein, all of New York City, for debtors.

Paskus, Gordon & Hyman, of New York City, for Harold W. Bonwit.

Carl J. Austrian, of New York City, for Bank of United States.

David K. Shappiro, of New York City, for petitioning creditors.

Hutner & Hutner, of New York City, for creditors Jablow & Fox.

Isaac N. Jacobson, of New York City, for debenture holder Baer.

Pollock & Nemerov, of New York City, for other debenture holders.


CAFFEY, District Judge.

No facts are furnished to sustain an application to intervene.

The petitioner, without intervention, is entitled to notice of hearing on any proposed plan of reorganization. The statute so provides. So far as concerns the facts disclosed, the petitioner needs nothing but an opportunity to be heard on such a plan.

It is merely obstructive and merely increases the expense of administering the estate, and hence is adverse to the...

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