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IN RE HOWARD RUBBER CO., INC.,

Bankruptcy No. 181-12827-260.

39 B.R. 583 (1984)

In re HOWARD RUBBER CO., INC., Debtor.

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

May 15, 1984.

Attorney(s) appearing for the Case

Siegel, Sommers & Schwartz by Leonard Schwartz, New York City, for trustee.

Epstein, Reiss & Goodman by Ronald Goodman, New York City, for debtor.

Fensterheim & Fensterheim by Asher Fensterheim, New York City, for Rosenthal & Rosenthal.

DECISION AND ORDER

CONRAD B. DUBERSTEIN, Bankruptcy Judge.

This bankruptcy proceeding was originally commenced when the debtor sought relief under Chapter 11 of the Bankruptcy Code. After an unsuccessful attempt at reorganization which lasted several months, this Court converted the case to a Chapter 7 liquidation proceeding.

Prior to the filing of the Chapter 11 petition the debtor was obligated to a Lender which held as collateral security for...

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