IN RE UNITED MERCHANTS & MANUFACTURERS, INC.

No. 1008, Docket 79-5064.

623 F.2d 804 (1980)

In re UNITED MERCHANTS AND MANUFACTURERS, INC., et al., Debtors. VERTICAL INDUSTRIAL PARK ASSOCIATES and Allison Realty Company, Appellants, v. UNITED MERCHANTS AND MANUFACTURERS, INC., et al., Debtors-Appellees.

United States Court of Appeals, Second Circuit.

Decided June 4, 1980.


Attorney(s) appearing for the Case

Edward L. Sadowsky, Tenzer, Greenblatt, Fallon & Kaplan, New York City, for appellants.

Myron Trepper, Levin & Weintraub, New York City, for debtors-appellees.

Before FRIENDLY, FEINBERG and TIMBERS, Circuit Judges.


PER CURIAM:

This appeal from an order of Judge Cooper in the District Court for the Southern District of New York, affirming an order of Bankruptcy Judge Babitt in the Chapter XI proceeding of United Merchants and Manufacturers, Inc. (UM&M), turns solely on the interpretation of Article III, C9 of UM&M's Plan of Arrangement.

UM&M had filed its petition under Chapter XI on July 12, 1977. It proposed a Plan of Arrangement (hereafter the Plan) on...

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