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IN RE ITEL CORP.

BAP No. NC-81-1067-VKL.

17 B.R. 942 (1982)

In re ITEL CORPORATION, a Delaware Corporation, Debtor. AD HOC PROTECTIVE COMMITTEE FOR 10½% DEBENTURE HOLDERS, Appellant, v. ITEL CORPORATION, a Delaware Corporation, Appellee.

United States Bankruptcy Appellate Panels of the Ninth Circuit.

Decided February 9, 1982.

Attorney(s) appearing for the Case

I. Walton Bader, Bader & Bader, White Plains, N.Y., for appellant.

Richard Levin, Stutman, Treister & Glatt, Los Angeles, Cal., for appellee.

Before VOLINN, KATZ and LASAROW, Bankruptcy Judges.

OPINION

VOLINN, Bankruptcy Judge:

The debtor filed a voluntary petition under Chapter 11 of the Bankruptcy Code on January 19, 1981. It also filed, on that date, a pleading entitled Application For Order Requiring That List Of Debenture Holders Be Impounded; And Order Thereon. The Application recited that amongst the creditors were holders for four series of publicly held debentures, and three series of non-registered Guaranteed Debentures which had been...

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