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DAL INTERNATIONAL TRADING COMPANY v. SWORD LINE, INC.

No. 19, Docket 26031.

286 F.2d 523 (1961)

DAL INTERNATIONAL TRADING COMPANY, Appellant, v. SWORD LINE, INC., Appellee.

United States Court of Appeals Second Circuit.

Decided February 7, 1961.

Attorney(s) appearing for the Case

George B. Warburton, New York City (Hill, Rivkins, Middleton, Louis & Warburton, Martin A. Fromer and James M. Hastie, New York City, on the brief), for appellant.

Robert L. Clare, Jr., and James E. Freehill, New York City (Shearman, Sterling & Wright, Morton M. Maneker and Hill, Betts, Yamaoka, Freehill & Longcope, New York City, on the brief), for appellee.

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

SWAN, Circuit Judge.

In July 1948 Sword Line, Inc., filed in the Southern District of New York a petition for arrangement pursuant to Chapter XI of the Bankruptcy Act, 11 U.S. C.A. § 701 et seq. Within a month thereafter, Dal International Trading Company, a Polish corporation hereafter referred to as Dal, filed a claim therein to which the Debtor filed objections. The Debtor's plan for arrangement, after approval, was consummated in 1952 as to all claimants...

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