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IN RE YALE EXPRESS SYSTEM, INC.

251 F.Supp. 447 (1965)

In the Matter of YALE EXPRESS SYSTEM, INC. Application of BOSTON INSURANCE COMPANY.

United States District Court S. D. New York.

October 8, 1965.

Attorney(s) appearing for the Case

Tell, Cheser, Werner & Breitbart, New York City, for movant.

Royall, Koegel & Rogers, New York City, for trustee.

Seligson & Morris, New York City, for debtors.

John M. Friedman, New York City, for Empire Trust Co.

Richard V. Bandler, Sidney Lapidus, New York City, and Theodore Sonde, Washington, D. C., for Securities and Exchange Commission.

TYLER, District Judge.

This is an application by Boston Insurance Company ("Boston") for a new hearing on the original application of the trustee to permit the latter to pay over to Boston certain accounts receivable collected by the debtor or its subsidiaries after July 12, 1965 from various shipper-customers of the debtor, and for related relief.

To place in context the present application by Boston, it should be noted that on July 28, 1965 the trustee brought...

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