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MATTER OF MULTIPONICS, INC.

No. 71-218.

436 F.Supp. 1072 (1977)

In the Matter of MULTIPONICS INCORPORATED, Debtor.

United States District Court, E. D. Louisiana, Section "C".

July 13, 1977.

Attorney(s) appearing for the Case

Peter J. Butler, New Orleans, La., for William W. Herpel, Trustee.

George J. Wade, Lansing R. Palmer, Shearman & Sterling, New York City, William M. Meyers, Stephen T. Victory, Liskow & Lewis, New Orleans, La., for Citibank, N.A., Indenture Trustee.

George W. Pigman, Chaffe, McCall, Phillips, Toler & Sarpy, New Orleans, La., Thad Grundy, Hutcheson & Grundy, Houston, Tex., and George A. Kimball, Jr., Peter A. Feringa, Jr., New York City, for Machinery Rental, Inc. and Carl Biehl.

David L. Stone, Stone, Pigman, Walther, Wittmann & Hutchinson, New Orleans, La., for William J. Casey.

Carl J. Schumacher, Jr., New Orleans, La., for Alfred J. Moran.

ALVIN B. RUBIN, District Judge:

Citibank is the trustee under an indenture dated October 15, 1968, between it and Multiponics. Pursuant to the indenture, Multiponics issued $3,500,000 in 7½% subordinated debentures, which are due October 1, 1983. Citibank retained Shearman & Sterling of New York, and Liskow & Lewis of New Orleans, to advise and represent it generally in connection with Multiponics' Chapter X reorganization proceeding. These counsel have...

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