MATTER OF REGO CRESCENT CORP.

Bankruptcy No. 179-03854, Adv. No. 181-0635.

23 B.R. 958 (1982)

In the Matter of REGO CRESCENT CORP., Debtor. REGO CRESCENT CORP., debtor-in-possession, by its Unsecured Creditors Committee, Plaintiff, v. Rose TYMON and I. Louis Winokur, as Trustees of the Philip Tymon Trust, and Philip Tymon, individually, Defendants.

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

October 19, 1982.


Attorney(s) appearing for the Case

Glass & Howard, P.C. by Amos Alter, New York City, for plaintiff.

I. Louis Winokur, Jamaica, N.Y., for defendants.


MANUEL J. PRICE, Bankruptcy Judge.

This is an adversary proceeding arising under sections 510(c) and 544(b) of the Bankruptcy Reform Act of 1978, (the Code), 11 U.S.C. §§ 510(c) and 544(b), brought by the Unsecured Creditors' Committee (the Committee) of Rego Crescent Corp. (the Debtor or Rego Crescent) seeking to subordinate the claim of the son of the two stockholders of the debtor corporation and the claim of a trust established for his benefit by them...

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