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IN RE IDEAL MERCANTILE CORPORATION

143 F.Supp. 810 (1956)

Matter of IDEAL MERCANTILE CORPORATION, Alleged Bankrupt.

United States District Court S. D. New York.

July 24, 1956.

Attorney(s) appearing for the Case

Freda Silbowitz, New York City, Michael Berman, New York City, of counsel, for petitioning creditors.

Schwartz, Rudin & Duberstein, Brooklyn, N. Y., Max Schwartz, Brooklyn, N. Y., of counsel, for bankrupt.

WEINFELD, District Judge.

These are cross petitions to review an order of the Referee in Bankruptcy adjudging Ideal Mercantile Corporation a bankrupt. Ideal contends the Referee erred in finding that it had committed an act of bankruptcy by failing to vacate or discharge within thirty days a lien against its property obtained by a judgment creditor.1 The petitioning creditors by cross petition...

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