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IN RE TAUBER ON BROADWAY, INC.

No. 12588.

271 F.2d 766 (1959)

In the Matter of TAUBER ON BROADWAY, INC., a corporation, Bankrupt. UNIVERSAL C.I.T. CREDIT CORPORATION, Appellant, v. Gerald P. GRACE, Trustee, Appellee.

United States Court of Appeals Seventh Circuit.

October 27, 1959.

Attorney(s) appearing for the Case

Edwin A. Rothschild, Norman H. Nachman, Paul J. Miller, Chicago, Ill., for appellant.

Jacob Cohen, Jack Arnold Welfeld, J. H. Schwartz, Ira S. Kolb, Chicago, Ill., (Adolf Loeb, Chicago, Ill., of counsel), for appellee.

Before MAJOR, SCHNACKENBERG and CASTLE, Circuit Judges.

MAJOR, Circuit Judge.

Tauber on Broadway, Inc. was adjudicated an involuntary bankrupt on March 5, 1958. Gerald P. Grace (appellee) was named receiver and subsequently trustee. Jack Welfeld was appointed as his attorney. Universal C.I.T. Credit Corporation (hereinafter referred to as C.I.T.) was the largest creditor. On October 15, 1958, the trustee requested leave to employ Joseph H. Schwartz and Ira S. Kolb of the Chicago Bar as associate counsel with Jack Welfeld...

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