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IN RE FASHION SPEAR, INC.

Bankruptcy No. 77-317.

15 B.R. 137 (1981)

In re FASHION SPEAR, INC., Bankrupt.

United States Bankruptcy Court, W.D. Pennsylvania.

October 29, 1981.

Attorney(s) appearing for the Case

Hillard Kreimer, McCrady, Kreimer, Ravick & Bonistalli, Pittsburgh, Pa., for trustee.

B.A. Karlowitz, Berkman, Ruslander, Pohl, Lieber & Engel, Pittsburgh, Pa., for debtor in possession and debtor.

MEMORANDUM OPINION AND ORDER

JOSEPH L. COSETTI, Bankruptcy Judge.

DISCUSSION

This case is governed by the former Bankruptcy Act, because it was commenced by the Debtor filing its Voluntary Petition under Chapter XI on April 22, 1977. The Debtor in Possession filed its Plan of Arrangement on May 24, 1978. The Plan was confirmed by Order of Court on June 8, 1979. The Debtor in Possession defaulted in the terms of the Plan of Arrangement and on March...

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