IN RE LIBERTY MORTGAGE CORPORATION

No. B 64-5617.

245 F.Supp. 858 (1965)

In the Matter of LIBERTY MORTGAGE CORPORATION, Debtor.

United States District Court N. D. Ohio, E. D.

April 23, 1965.


Attorney(s) appearing for the Case

Saul Nadler and Donald Lefton, Cleveland, Ohio, for debtor.

William Scheid and William Cooney, Chicago, Ill., for Securities Exchange Commission.

Theodore R. Spilka, Cleveland, Ohio, for certain Secured Creditors.

Kenneth V. Nicola, Cleveland, Ohio, and James W. Childs, Van Wert, Ohio, for Creditors' Committee.


GREEN, District Judge.

This matter is before the Court on the motion of State Savings and Loan Company, a creditor, to dismiss the petition of Liberty Mortgage Corporation (hereinafter referred to as the debtor) for reorganization under Chapter X of the Bankruptcy Act.

On November 2, 1964 debtor filed an original petition for an arrangement under Chapter XI of the Bankruptcy Act. As a part of that proceeding certain creditors filed motions to have the debtor...

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