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IN RE INTERNATIONAL OIL COMPANY

Nos. 788-795, 798, Dockets 34742-5, 34783-6, 34793.

427 F.2d 186 (1970)

In the Matter of INTERNATIONAL OIL COMPANY, International Oil, N.V., Orocual Petroleum Exploration Company, Hemisphere Oil Company, Bankrupts.

United States Court of Appeals, Second Circuit.

Decided April 17, 1970.

Attorney(s) appearing for the Case

Alex L. Rosen, New York City, for Grace Petroleum Corp., appellant.

Levin & Weintraub, New York City, (Michael J. Crames, New York City, of counsel), for Official Creditors' Committee and Lawrence Klein, cross-appellants.

Before WATERMAN and FRIENDLY, Circuit Judges, and ZAMPANO, District Judge.

PER CURIAM:

The parties have requested expedited hearing and decision of this appeal and cross-appeal from an order of Judge Mansfield, dated March 19, 1970, in the District Court for the Southern District of New York, concerning the trusteeship of four bankrupt corporations. Accordingly we shall state the facts and our conclusions in rather summary form.

In November, 1969, International Oil Company and three wholly...

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