IN RE GARLAND CORP.

Bankruptcy No. 80-9001.

6 B.R. 456 (1980)

In re GARLAND CORPORATION, Bristol Knitting Mills, Inc., D.S.B., Inc. and Garland Knitting Mills of Georgia, Inc., Debtors. Creditors' Committee, Appellant.

United States Bankruptcy Court, Bankruptcy Appellate Panel, D. Massachusetts.

October 17, 1980.


Attorney(s) appearing for the Case

Kaye, Fialkow, Richmond & Rothstein by Richard Kaye, Boston, Mass., Jonathan Helfat and Albert Reisman, New York City, for appellant, Creditors' Committee.

Ropes & Gray by Charles Normandin, Boston, Mass., for appellees, Garland Corp., Bristol Knitting Mills, Inc., D.S.B., Inc. and Garland Knitting Mills of Georgia, Inc.

Christopher Parker, Boston, Mass., for appellee, United States, trustee.

Goodwin, Procter & Hoar by Jon D. Schneider and Evan Jones, Boston, Mass., for appellees, New England Merchants Bank and Prudential Ins. Co. of America.

Widett, Slater & Goldman, P.C. by Robert Robinson, Guy B. Moss and Daniel J. Carragher, Boston, Mass., for appellee, Sydney Parlow, trustee.

Before CYR, C.J., and VOTOLATO and JOHNSON, JJ.


CYR, Chief Judge.

An emergency appeal has been taken from various orders of the bankruptcy judge entered during the early stages of these chapter 11 reorganization proceedings.1 The Garland Corporation and its subsidiaries [debtor] manufacture and sell clothing, principally knitted goods and sportswear for women. From its earliest beginnings, the debtor achieved financial success as a sweater manufacturer. Severe financial difficulties...

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