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IN RE KENILWORTH BLDG. CORPORATION

No. 6852.

105 F.2d 673 (1939)

In re KENILWORTH BLDG. CORPORATION. KROESCHELL et al. v. BRITTAIN et al.

Circuit Court of Appeals, Seventh Circuit.

July 14, 1939.

Attorney(s) appearing for the Case

J. Kentner Elliott, of Chicago, Ill., for appellants.

Frederick Z. Marx and Joseph D. Lawyer, both of Chicago, Ill., for appellees.

Before EVANS, TREANOR, and KERNER, Circuit Judges.

TREANOR, Circuit Judge.

This is an appeal from a decree of the District Court confirming a plan of reorganization. The proceeding below was an involuntary one filed pursuant to Section 77B of the Bankruptcy Act,1 the appellees being bondholders and the petitioning creditors. The bonds were in default and foreclosure proceedings were pending in an Illinois state court at the date of the institution of reorganization proceedings.

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