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SECURITIES & EXCH. COM'N v. TIPCO, INC.

No. 76-4421 Summary Calendar.

554 F.2d 710 (1977)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, C. L. Morris, Inc., Individually and in behalf of all unsecured creditors of Tipco, Inc., et al., as a Class, Movant-Appellant, v. TIPCO, INC., et al., and Larry Schoenbrun and Richard Hull, as Receivers of Tipco, Inc., et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

June 22, 1977.

Attorney(s) appearing for the Case

Carl A. Generes, Jerry D. Johnson, Dallas, Tex., for movant-appellant.

David R. Snodgrass, Hubert A. Crouch, Dallas, for defendants-appellees.

Before THORNBERRY, RONEY and HILL, Circuit Judges.

PER CURIAM:

This case arises from the receivership proceedings against and liquidation of Olympic Petroleum Corp. Appellant Morris was a creditor of Olympic. In this appeal, Morris contests the district court's denial of its motion to intervene for the purpose of challenging the method of distribution of Olympic's assets. Morris filed this motion ten weeks after the date fixed by the court as the "bar date" for challenges to the method of distribution of assets. Though...

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