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IN RE CONTINENTAL MORTGAGE INVESTORS

No. 76-593-S.

5 B.R. 771 (1979)

In re CONTINENTAL MORTGAGE INVESTORS, Debtor.

United States District Court, D. Massachusetts.

November 20, 1979.

Attorney(s) appearing for the Case

Alan Lefkowitz, Gaston Snow & Ely Bartlett, Boston, Mass., for debtor.

Robert F. White, Sherburne, Powers & Needham, Boston, Mass., for Debenture-holders Committee "A".

Guy Moss, Widett, Slater & Goldman, Boston, Mass., for Debentureholders Committee "B".

Robert M. Gargill, Choate, Hall & Stewart, Boston, Mass., for Senior Creditors' Committee.

Nathan Fuchs, New York City, for Securities Exchange Com'n.

Daniel M. Glosband, Goldstein & Manello, Boston, Mass., for Trustee.

ORDER ON APPLICATION OF SEC FOR STAY AND INJUNCTION OF SOLICITATION OF CREDITORS AND STOCKHOLDERS

SKINNER, District Judge.

The Securities and Exchange Commission (SEC) has applied for an order staying and enjoining a proposed notice and solicitation of various classes of security holders for affirmative votes approving a tentative proposal for the final settlement of this case. Whether this proposal is a two-stage "compromise" of some claims followed by a...

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