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MATTER OF INVESTORS FUNDING CORP. OF N. Y., ETC.

No. 104, Docket 76-5019.

547 F.2d 13 (1976)

In the Matter of INVESTORS FUNDING CORP. OF NEW YORK, IFC COLLATERAL CORP., et al., Debtors. JAYTEE-PENNDEL CO., Appellant, v. James BLOOR, Reorganization Trustee, Appellee.

United States Court of Appeals, Second Circuit.

Decided December 15, 1976.

Attorney(s) appearing for the Case

Dennis G. Katz, P.C., Spring Valley, for appellant.

Alan B. Miller, New York City (John M. Schwartz, Prudence B. Abram, Neal Schwarzfeld, and Weil, Gotshal & Manges, New York City, of counsel), for appellee.

Before SMITH, OAKES and TIMBERS, Circuit Judges.

OAKES, Circuit Judge:

On November 1, 1974, appellee James Bloor was appointed reorganization trustee of IFC Collateral Corp. (IFC), its parent, Investors Funding Corp. of New York, and 32 other subsidiaries of the parent, under Chapter X of the Bankruptcy Act, 11 U.S.C. § 501 et seq., pursuant to petitions filed in the United States District Court for the Southern District of New York on October 21 and 30, 1974. From that time to this he has carried on...

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