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MATTER OF B.D. INTERN. DISCOUNT CORP.

Bankruptcy No. 81 11019.

15 B.R. 755 (1981)

In the Matter of B.D. INTERNATIONAL DISCOUNT CORP., Debtor.

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

November 25, 1981.

Attorney(s) appearing for the Case

Orenstein, Snitow, Sutak & Pollack, P.C., Siegel, Sommers & Schwartz, New York City, for debtor; S. Edward Orenstein, William Pauley, III, & Leonard Schwartz, New York City, of counsel.

Milbank, Tweed, Hadley & McCloy, New York City, for Chase Manhattan Bank; Briscoe R. Smith, Alan W. Kornberg, and Suzanne McSorley, New York City, of counsel.

OPINION AND DECISION ON CONTESTED INVOLUNTARY PETITION

BURTON R. LIFLAND, Bankruptcy Judge.

Chase Manhattan Bank (National Association) ("Chase") filed an involuntary petition in bankruptcy, 11 U.S.C. § 303(b), seeking the entry of an order for relief under Chapter 7 (liquidation) of the Bankruptcy Reform Act of 1978 (the "Code")1 against B.D. International Discount Corporation ...

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