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IN RE UNITED MERCHANTS AND MFRS., INC.

No. 80 Civ. 2594.

10 B.R. 312 (1981)

In re UNITED MERCHANTS AND MANUFACTURERS, INC., et al., Debtor.

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

March 12, 1981.

Attorney(s) appearing for the Case

Gelbert & Kronovet, by Joel B. Zweibel, New York City, for claimants/appellants.

Levin & Weintraub, New York City, by Michael J. Crames, Myron Trepper and Joel Holstein, New York City, for debtor/appellee.

WHITMAN KNAPP, District Judge.

This is an appeal from a decision of the Bankruptcy Court for the Southern District of New York (Roy Babitt, J.) disposing of two claims by Equitable Life Assurance Society of the United States and John Hancock Mutual Life Insurance Company (sometimes hereinafter collectively referred to as "claimants") against the estate of United Merchants and Manufacturers, Inc. (hereinafter "debtor") in a Chapter XI proceeding. One category of claims...

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