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IN RE EQUITY FUNDING CORPORATION OF AMERICA

No. 74-3394.

519 F.2d 1274 (1975)

In the Matter of EQUITY FUNDING CORPORATION OF AMERICA, a Delaware Corporation, Debtor. BACHE & CO. INCORPORATED et al., Objectors-Appellants, v. Robert M. LOEFFLER, Trustee, Appellee.

United States Court of Appeals, Ninth Circuit.

July 21, 1975.

Attorney(s) appearing for the Case

Everett B. Clary (argued), Los Angeles, Cal., for objectors-appellants.

Marvin Schwartz (argued), New York City, for appellee.

Before WRIGHT and WALLACE, Circuit Judges, and POWELL, District Judge.

OPINION

EUGENE A. WRIGHT, Circuit Judge:

This is an appeal from a district court order in proceedings for the reorganization of Equity Funding Corporation of America (EFCA) pursuant to Chapter X of the Bankruptcy Act. [11 U.S.C. § 501 et seq.] The order authorized the Trustee of EFCA to enter into a settlement (Amended Compromise) which arose out of the Illinois Liquidation of EFCA's wholly-owned subsidiary...

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