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IN RE B.D. INTERN. DISCOUNT CORP.

No. 616, Docket 82-5031.

701 F.2d 1071 (1983)

In re B.D. INTERNATIONAL DISCOUNT CORP., Debtor-Appellant. B.D. INTERNATIONAL DISCOUNT CORP., Plaintiff-Appellant, v. CHASE MANHATTAN BANK, N.A., Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided March 4, 1983.

Attorney(s) appearing for the Case

Franklin Snitow, New York City (Orenstein, Snitow, Sutak & Pollack, P.C., New York City, and Siegel, Sommers & Schwartz, New York City), for plaintiff-appellant.

Briscoe Smith, New York City (Milbank, Tweed, Hadley & McCloy, New York City, Suzanne M. McSorley, New York City, of counsel), for defendant-appellee.

Before FRIENDLY and NEWMAN, Circuit Judges, and WYZANSKI, District Judge.

FRIENDLY, Circuit Judge:

This appeal is from an order of Judge Edelstein in the District Court for the Southern District of New York, 24 B.R. 876, which affirmed an order entered by Bankruptcy Judge Lifland, 15 B.R. 755 (Bkrtcy. S.D.N.Y.1981), granting a creditor's petition for involuntary bankruptcy under § 303(b)(2) and (h) of the Bankruptcy Code. The debtor contended that the order was improperly...

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