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CITATION CYCLE CO., INC. v. YORKE

No. 81-2932.

693 F.2d 691 (1982)

CITATION CYCLE COMPANY, INC., Debtor-Appellant, v. Nathan YORKE, Trustee, and Canada Cycle and Motor Co., Intervenors, Appellees.

United States Court of Appeals, Seventh Circuit.

Decided November 23, 1982.

Attorney(s) appearing for the Case

Richard L. Hirsh, Chicago, Ill., for debtor-appellant.

Sheldon O. Collen, Rowe W. Snider, Friedman & Koven, Chicago, Ill., for intervenors, appellees.

Before CUMMINGS, Chief Judge, Floyd R. GIBSON, Senior Circuit Judge, and CUDAHY, Circuit Judge.

CUMMINGS, Chief Judge.

This appeal is presumably the last stage in a long, bitter, and unseemly struggle over the assets of the bankrupt Citation Cycle Company (Citation).1 An involuntary bankruptcy petition was first filed against Citation in 1976. On May 25, 1977, by agreement of Citation and its creditors, it was dismissed without prejudice and replaced the same day with a new involuntary petition.2 Thereafter...

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