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IN RE CAMBRIDGE BIOTECH CORPORATION

Bankruptcy No. 94-43054-JFQ. BAP No. MA-96-1008.

200 B.R. 76 (1996)

In re CAMBRIDGE BIOTECH CORPORATION, Debtor. INSTITUT PASTEUR and Pasteur Sanofi Diagnostics, Appellants, v. CAMBRIDGE BIOTECH CORPORATION, Appellee.

United States Bankruptcy Appellate Panel of the First Circuit.

July 29, 1996.

Attorney(s) appearing for the Case

Burns & Levinson LLP, Boston, MA, for Appellants.

Brown, Rudnick, Freed & Gesmer, P.C., Boston, MA, for Appellee.

Before VOTOLATO, LAMOUTTE, and VAUGHN, U.S. Bankruptcy Judges.

ORDER IMPOSING TEMPORARY STAY

VOTOLATO, Chief Judge.

Before the Court is the Emergency Motion of Institut Pasteur and Pasteur Sanofi Diagnostics (Pasteur) for a Stay Pending Appeal of the July 18, 1996 Bankruptcy Court Order confirming the Debtor's plan of reorganization. On July 19, 1996, Pasteur filed its Notice of Appeal and the instant Emergency Motion for Stay Pending Appeal. On July 22, 1996, the Debtor filed its opposition to a stay, and on...

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