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IN RE IRA HAUPT & COMPANY

No. 64 B 259.

304 F.Supp. 917 (1969)

In the Matter of IRA HAUPT & COMPANY, a Limited Partnership, Bankrupt.

United States District Court S. D. New York.

July 29, 1969.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, and Seligson & Morris, New York City, for trustee, Harvey R. Miller, New York City, of counsel.

Rosenman, Colin, Kaye, Petschek, Freund & Emil, New York City, for objectants, Max Freund, New York City, of counsel.

Milbank, Tweed, Hadley & McCloy, New York City, for Chase Manhattan Bank, N.A. and New York Stock Exchange.

OPINION

MOTLEY, District Judge.

This is a petition to review an order and decision of the referee in bankruptcy, Edward J. Ryan, who authorized the trustee in bankruptcy, Charles Seligson, as trustee for the bankrupt, Ira Haupt and Company (Haupt), to compromise two controversies. These controversies arise out of the sea of litigation spawned by the so-called "Salad Oil Scandal" of November 1963. American Express Warehousing, Ltd. v. Transamerica Insurance...

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