MATTER OF CORAL SPORTSWEAR

Bankruptcy No. 74 B 1194.

14 B.R. 111 (1981)

In the Matter of CORAL SPORTSWEAR, Bankrupt.

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

September 14, 1981.


Attorney(s) appearing for the Case

Hahn & Hessen, New York City, for trustee.

Galpeer, Altus, Karp & Beckerman, New York City, for super-priority claimants.


DECISION DETERMINING RIGHTS OF CERTAIN CLAIMANTS

EDWARD J. RYAN, Bankruptcy Judge.

On August 19, 1974, a petition in proceedings for an arrangement was filed by Coral Sportswear, Inc. ("Coral"), pursuant to § 322 of Chapter XI of the Bankruptcy Act. The arrangement proceedings aborted and on December 31, 1975, Coral was adjudicated a bankrupt. The New York Credit Men's Adjustment Bureau, Inc., was appointed trustee and qualified.

On March 16...

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