UNITED STATES of America, Plaintiff-Appellee,
v.
ROYAL BUSINESS FUNDS CORPORATION, Defendant-Appellant.
United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Argued July 14, 1983.
Decided December 8, 1983.
Attorney(s) appearing for the Case
Eric S. Benderson, Small Business Admin., Washington, D.C. (Rudolph Giuliani, U.S. Atty., S.D.N.Y., Peter C. Salerno, Asst. U.S. Atty., S.D.N.Y., New York City, Joseph A. Hallock, Asst. Regional Counsel, Small Business Admin., Morton L. Gitter, Warren R. Graham, Otterbourg, Steindler, Houston & Rosen, P.C., New York City, on brief), for plaintiff-appellee U.S.
Morton S. Robson, New York City (Kenneth N. Miller, Robson, Miller & Osserman, New York City), for defendant-appellant Royal Business Funds Corp.
Before NEWMAN and WINTER, Circuit Judges, and MALETZ, Senior Judge.
United States Court of Appeals, Second Circuit.
WINTER, Circuit Judge:
The Royal Business Funds Corporation ("Royal") appeals from Judge Conner's order staying its Chapter 11 bankruptcy proceeding. 29 B.R. 777. Royal contends that it has an absolute right to file a petition in bankruptcy notwithstanding its consent to a Stipulation and Order appointing the Small Business Administration ("SBA") as a receiver and limiting the powers of Royal's board of directors. We affirm.
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