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UNITED STATES v. NATIONAL FURNITURE COMPANY

No. 17743.

348 F.2d 390 (1965)

UNITED STATES of America, Appellant, v. NATIONAL FURNITURE COMPANY, Inc., Appellee.

United States Court of Appeals Eighth Circuit.

July 23, 1965.

Attorney(s) appearing for the Case

Alan S. Rosenthal, Atty., Dept. of Justice, Washington, D. C., made argument for appellant and filed brief with John W. Douglas, Asst. Atty. Gen., and Samuel J. Heyman, Atty., Dept. of Justice, Washington, D. C., and also Charles M. Conway, U. S. Atty., Fort Smith, Ark.

Charles R. Garner, Fort Smith, Ark., entered appearance for appellee but no argument was made.

Before VAN OOSTERHOUT, BLACKMUN, and MEHAFFY, Circuit Judges.

MEHAFFY, Circuit Judge.

This case presents the questions of (1) the entitlement of the United States to a priority claim on behalf of the Small Business Administration (hereafter called "SBA") for a loan it made to the debtor, National Furniture Company, Inc. (hereafter called "National") which seeks an "arrangement" of its unsecured debts under Chapter XI of the Bankruptcy Act, 11 U.S.C.A. §§ 701-799; and (2) the entitlement of the United States to participate...

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