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IN RE COMMONWEALTH FINANCIAL CORPORATION

No. 30108.

288 F.Supp. 912 (1968)

In the Matter of COMMONWEALTH FINANCIAL CORPORATION and its subsidiaries, Neighborhood Finance Co., Inc. and Neighborhood Finance Co., Inc. of Pennsylvania, Debtors.

United States District Court E. D. Pennsylvania.

August 19, 1968.

Attorney(s) appearing for the Case

Leon S. Forman, Wexler, Mulder & Weisman, Philadelphia, Pa., for trustees.

Alexander Adelman, Sidney Chait, Adelman & Lavine, Marcus Manoff, Dilworth, Paxson, Kalish, Kohn & Levy, Philadelphia, Pa., for Morise Thal.

Edwin H. Nordlinger, Richard V. Bandler, Securities & Exchange Commission, New York City.

I. Grant Irey, Jr., Pepper, Hamilton & Scheetz, Philadelphia, Pa., for Bank Lenders Committee.

In Proceedings for the Reorganization of a Corporation under Chapter X of the Bankruptcy Act.

MEMORANDUM AND ORDER

JOHN MORGAN DAVIS, District Judge.

On July 11, 1968, 288 F.Supp. 786, I denied a motion by Petitioner Morise Thal, former president and chief operating officer of the debtor corporations, seeking a protective order. At that time his petition essentially alleged inter alia that concurrent...

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