IN RE RANALEX CORPORATION

No. 54443.

164 F.Supp. 25 (1958)

In the Matter of RANALEX CORPORATION, Debtor.

United States District Court E. D. New York.

July 22, 1958.


Attorney(s) appearing for the Case

Max H. Frankle, New York City, for petitioner.

Philip J. Ruffo, New York City, of counsel.

Palmer, Masia & Palmer, New York City, for debtor.

Louis P. Rosenberg, Brooklyn, N. Y., for Creditors' Committee.


BRUCHHAUSEN, District Judge.

This is a petition for review of the order of Hon. Louis J. Castellano, Referee in Bankruptcy, dated April 30, 1958 in an arrangement proceeding under Chapter XI of the Bankruptcy Act, 11 U.S.C.A. § 701 et seq. The debtor instituted the proceeding by filing his voluntary petition on November 30, 1957.

The facts are not disputed. The petitioner, a labor Union represents thirty-six employees. The Union filed claims with the...

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