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MATTER OF KING RESOURCES CO.

No. 75-1094.

528 F.2d 789 (1976)

In the Matter of KING RESOURCES COMPANY, Debtor. CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO et al., Appellants, v. FIRST NATIONAL CITY BANK OF NEW YORK, Indenture Trustee, et al., Appellees.

United States Court of Appeals, Tenth Circuit.

Decided January 16, 1976.

Attorney(s) appearing for the Case

Charles E. Matheson, Fairfield & Woods, Denver, Colo. (Harry M. Sterling, Sterling, Simon & Rubner, Denver, Colo., on the brief), for appellants.

Thomas S. Nichols, Davis, Graham & Stubbs, Denver, Colo. (Robert L. Shanstrom and A. Bruce Campbell, Davis, Graham & Stubbs, Denver, Colo., on the brief), for appellee, United Bank of Denver, N. A.

John E. Hoffman, Jr., Shearman & Sterling, New York City (Charles A. Beach, Shearman & Sterling, New York City, Thomas J. Kerwin and Richard W. Breithaupt, Hindry & Meyer, P. C., Denver, Colo., on the brief), for appellee, First Nat. City Bank.

Lawrence E. Nerheim, Gen. Counsel, David Ferber, Sol., Martin S. Berglas, Atty., Washington, D.C., James T. Eichstaedt, Atty., Chicago, Ill., on the brief, for appellee, S. E. C.

John S. Pfeiffer and Robert J. Kapelke, Denver, Colo., on the brief for appellee, Charles A. Baer, Trustee.

Before HOLLOWAY, McWILLIAMS and BARRETT, Circuit Judges.

McWILLIAMS, Circuit Judge.

The issue here to be resolved is whether the trial court erred in its determination that certain so-called senior lenders to King Resources Company, the debtor, were not entitled to interest from and after the date an involuntary petition was filed against the debtor under Chapter X of the Bankruptcy Act. Our study of the record leads us to conclude that the trial court did not err, and we therefore affirm.

This is an appeal pursuant...

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