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NATIONAL TELEPHONE CO., INC. v. O'BRIEN

No. Bky H-75-665.

450 F.Supp. 815 (1978)

NATIONAL TELEPHONE COMPANY, INC. and National Telecommunications Systems, Inc. v. Gregory O'BRIEN et al.

United States District Court, D. Connecticut.

March 16, 1978.

Attorney(s) appearing for the Case

Robert L. Krechevsky, Hartford, Conn., Gilbert C. Earl, New Haven, Conn., for the Trustee.

Thelma Santos, Donald Lee Rome, Sanford Rosenberg, Rosenberg, Rome & Barnett, Hartford, Conn., for the Banks.

Dwight Owen Schweitzer, Schweitzer, Hare & MacDonnell, Hartford, Conn., for defendant.

RULING ON MOTION TO DISMISS ADVERSARY PROCEEDING

CLARIE, Chief Judge.

This controversy arises from the pending bankruptcy litigation concerning National Telephone Company, Inc. and its wholly-owned subsidiary, National Telecommunications Systems, Inc. (hereinafter "the debtors"). A stockholders' committee claiming to represent approximately 62% of the issued and outstanding stock of the debtor corporations has brought a complaint seeking equitable subordination...

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