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MATTER OF AMINEX CORP.

Bankruptcy Nos. 78 B 491, 78 B 768, 78 B 769, 78 B 770, 78 B 772 to 78 B 774, 78 B 777 to 78 B 782, 78 B 1423 and 78 B 1424.

15 B.R. 356 (1981)

In The Matter Of AMINEX CORPORATION, et al., Debtors.

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

September 23, 1981.

Attorney(s) appearing for the Case

Patterson, Belknap, Webb & Tyler, New York City, for Receiver; Robert Egan, Joel L. Carr, Jeffrey Sabin, David Dykhouse New York City, of counsel.

Harold R. Tyler, Jr., New York City, Receiver.

Angel & Frankel, New York City, for Creditors Committee; Eric S. Brown, New York City, of counsel.

Moses & Singer, New York City, for Andrew Adams and Edward Clemons; Robert Rosenberg, New York City, of counsel.

Proskauer, Rose, Goetz & Mendelsohn, New York City, for Ernst & Whinney; Jeffrey D. Fields, New York City, of counsel.

Whitman & Ransom, New York City, for debtors; Howard Berman, New York City, of counsel.

Fulbright & Jaworski, Houston, Tex., for Kaneb Services, Inc.; D. Jansing Baker, Houston, Tex., of counsel.

Greenbaum, Doll & McDonald, Lexington, Ky., Sp. Counsel, to the Debtors; Robert C. Stilz, Jr., Lexington, Ky., of counsel.

OPINION AND ORDER

JOEL LEWITTES, Bankruptcy Judge.

Aminex Resources Corporation ("Aminex") filed its Chapter XI petition in this Court on March 22, 1978. Prior to that filing, Aminex and its subsidiaries were defendants in a civil injunctive proceeding in the United States District Court for the District of Columbia wherein the Securities and Exchange Commission alleged that certain officers, as well as the controlling shareholder of Aminex, had looted and...

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