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IN RE NORTHEAST CORPORATION

No. 74-2183.

519 F.2d 1360 (1975)

In re NORTHEAST CORPORATION, Bankrupt. Thomas J. CHANDLER, Jr., et al., Appellants, v. HIGGS & YOUNG, INC., Appellee.

United States Court of Appeals, Fourth Circuit.

Decided July 23, 1975.

Attorney(s) appearing for the Case

Robert M. Musselman, Charlottesville, Va., for appellant.

Colin J. S. Thomas, Jr., Stauton, Va. (Timberlake, Smith, Thomas & Moses, Stauton, Va., on brief), for appellee.

Before HAYNSWORTH, Chief Judge, ANDERSON, Senior Circuit Judge, and RUSSELL, Circuit Judge.

ANDERSON, Circuit Judge:

This is an appeal by Thomas J. Chandler, Jr., Dr. Charles W. Hurt, and Pliny M. Cropp, creditors of the bankrupt Northeast Corporation, from an opinion and order of the district court dismissing their reorganization petition pursuant to § 141 of the Bankruptcy Act of 1973 (the Act), 11 U.S.C. § 541,1 on the ground that the petition had not been filed in "good faith" as that term is defined in § 146...

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