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IN RE KORS, INC.

No. 454, Docket 86-5050.

819 F.2d 19 (1987)

In re Bankruptcy of KORS, INC. David D. ROBINSON, Trustee, Plaintiff-Appellant, v. The HOWARD BANK, Rutland Industrial Development Corporation, and Small Business Investment Corporation of Vermont, Inc., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided May 7, 1987.

Attorney(s) appearing for the Case

Jerome I. Meyers, White River Junction, Vt., for plaintiff-appellant.

Richard A. Hull, Rutland, Vt. (William C. Dagger, Dick, Hackel & Hull, Rutland, Vt., of counsel), for defendant-appellee Howard Bank.

James S. Abatiell, Rutland, Vt. (Abatiell & Abatiell, Rutland, Vt., of counsel), for defendant-appellee Rutland Indus. Development Corp.

Before TIMBERS, VAN GRAAFEILAND, and PIERCE, Circuit Judges.

PIERCE, Circuit Judge:

David D. Robinson, trustee for the bankrupt corporation, Kors, Inc. ("Kors"), appeals from a judgment of the United States District Court for the District of Vermont ordering the proceeds of a sale of the debtor's machinery to be paid in accordance with a subordination agreement among the Rutland Industrial Development Corporation ("RIDC"), the Small Business Investment Corporation of Vermont, Inc. ...

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