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NEW YORK CREDIT MEN'S ADJ. BUR. v. A. JESSE GOLDSTEIN & CO.

No. 220, Docket 25994.

276 F.2d 886 (1960)

NEW YORK CREDIT MEN'S ADJUSTMENT BUREAU, INC. and Chauncey H. Levy, Appellants, v. A. JESSE GOLDSTEIN & CO., Appellee.

United States Court of Appeals Second Circuit.

Decided March 30, 1960.

Attorney(s) appearing for the Case

Chauncey H. Levy, New York City, for appellants.

Bernard Bayer, New York City, for appellee.

Before LUMBARD, Chief Judge, and MOORE and FRIENDLY, Circuit Judges.

LUMBARD, Chief Judge.

The sole question raised by this appeal is whether it is "practicable" to apply to a liquidation proceeding pending at the time it took effect, § 19 of the 1952 Amendatory Act to the Bankruptcy Act,1 granting to administration claims arising in bankruptcy liquidation priority in advance of payment of claims of the same kind incurred in a superseded debtor reorganization...

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