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MATTER OF McGRATH

Bankruptcy No. 78 B 886.

1 B.R. 691 (1979)

In the Matter of William K. McGRATH, Bankrupt.

United States Bankruptcy Court, S.D. New York.

December 19, 1979.

Attorney(s) appearing for the Case

Herbert Adler, New York City, for David E. Walters.

Ira H. Leibowitz, Garden City, N.Y., for bankrupt.

DECISION ON COMPLAINT OF DAVID E. WALTERS OBJECTING TO BANKRUPT'S DISCHARGE

HOWARD SCHWARTZBERG, Bankruptcy Judge.

Plaintiff, David E. Walters, has filed a complaint against the bankrupt, who was president of Sound Yachts Inc. [a bankrupt corporation] for inducing plaintiff to extend credit based upon the bankrupt's publication of a materially false financial statement within the meaning of § 14c(3) of the Bankruptcy Act. The bankrupt, William K. McGrath...

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