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MATTER OF CENTURY GLOVE, INC.

Bankruptcy No. 85-438.

74 B.R. 952 (1987)

In the Matter of CENTURY GLOVE, INC., a Delaware corporation, Debtor.

United States Bankruptcy Court, D. Delaware.

June 19, 1987.

Attorney(s) appearing for the Case

Eduard F. von Wettberg, III, Wilmington, Del., for debtor.

Peter J. Schmerge, New York, N.J., for BTNY.

James L. Patton, Jr., Wilmington, Del., for Unsecured Creditors Committee.

Peter J. Walsh, Edmond D. Johnson, Wilmington, Del., for FAB.

Francis J. Murphy, Wilmington, Del., for SWG.

HELEN S. BALICK, Bankruptcy Judge.

Century Glove, Inc., citing 11 U.S.C. § 1126(e) and BR 2019(b), has moved to invalidate the votes of three creditors who rejected Century's proposed plan. It contends that First American Bank of New York (FAB) acted in bad faith in soliciting and procuring the rejections of SWG Acquisition Corporation (SWG), Bankers Trust New York Corporation (BTNY), and Latham Four Partnership (Latham Four); and, as a consequence, FAB's vote...

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