MATTER OF HY-GAIN ELECTRONICS CORP.

Bankruptcy Nos. BK78-0-26, BK78-0-25 and BK78-0-81.

11 B.R. 119 (1978)

In the Matter of HY-GAIN ELECTRONICS CORPORATION, Bankrupt. In the Matter of HY-GAIN DE PUERTO RICO, INC., Bankrupt. In the Matter of HY-GAIN ELECTRONICS SYSTEMS, CORP., Bankrupt.

United States District Court, D. Nebraska.

September 27, 1978.


Attorney(s) appearing for the Case

Thomas D. Stalnaker, Omaha, Neb., for trustee.

Arnold Quittner, Los Angeles, Cal., for Citibank.

Sally S. Neely, Los Angeles, Cal., for Theodore and Andrew Andros.

Robert D. Kinsey, Jr., Lincoln, Neb., for Richard N. Thompson.


MEMORANDUM OPINION

DAVID L. CRAWFORD, Bankruptcy Judge.

During the course of these liquidations, Citibank, N.A., sought to take Rule 205 examinations of various parties, one of which was Richard N. Thompson. Mr. Thompson, an attorney, served simultaneously at various periods as director, Board of Directors Audit Committee member, secretary, treasurer, shareholder and general counsel to the bankrupts. At the taking of the 205 examination, Mr. Thompson produced...

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