IN RE V. LOEWER'S GAMBRINUS BREWERY CO.

No. 82029.

58 F.Supp. 520 (1944)

In re V. LOEWER'S GAMBRINUS BREWERY CO., Inc.

District Court, S. D. New York.

December 6, 1944.


Attorney(s) appearing for the Case

Glass & Lynch, of New York City (Leslie Kirsch, of New York City, of counsel), for John L. Flynn, trustee.

Paskus, Gordon & Hyman, of New York City, for creditors Loewer Realty Co., etc.

William Harris, of Newark, N. J., for proponents of plan.


BRIGHT, District Judge.

The interesting question presented is whether or not, under the circumstances shown in this proceeding conducted under Chapter X of the Bankruptcy Act, 11 U.S. C.A. § 501 et seq., a plan of reorganization, which is essentially a liquidation and distribution pro rata to certain classes of creditors, is possible under the statutory provisions of that chapter.

These facts undisputedly appear. The debtor was the owner of a brewery...

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