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MATTER OF PHARMADYNE LABORATORIES, INC.

Bankruptcy No. 81-01803.

53 B.R. 517 (1985)

In the Matter of PHARMADYNE LABORATORIES, INC., a Corporation of New Jersey, Debtor.

United States Bankruptcy Court, D. New Jersey.

January 28, 1985.

Attorney(s) appearing for the Case

Mary Anne Walker Collins, Kleinberg, Moroney, Masterson & Schacter, Millburn, N.J., for debtor.

Alfred Pierri, Matthew Magnone, Dist. Counsel, N.J., Newark, N.J., for IRS.

OPINION

and

ORDER

D. JOSEPH DE VITO, Bankruptcy Judge.

On March 30, 1981, Pharmadyne Laboratories, Inc. filed a petition in bankruptcy under Chapter 11 of Title 11 of the U.S. Code. The debtor continued in the management and possession of its properties until October 2, 1981, when a trustee was appointed. On September 24, 1982, the Court confirmed a plan of reorganization providing for the orderly liquidation of the estate, pursuant to...

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