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IN RE BARCHRIS CONSTRUCTION CORPORATION

223 F.Supp. 229 (1963)

In the Matter of BARCHRIS CONSTRUCTION CORPORATION, Debtor.

United States District Court S. D. New York.

Supplemental Memorandum November 7, 1963.

Attorney(s) appearing for the Case

McLanahan, Merritt & Ingraham, New York City, for petitioners, Emanuel Becker, New York City, of counsel.

Richard V. Bandler, New York City, for Securities and Exchange Commission, Martin Mushkin, and Joseph P. Sullivan, New York City, of counsel.

Krause, Hirsch, Gross & Heilpern, New York City, for debtor.

Alex L. Rosen, New York City, for Receiver, Marvin N. Rosen.

Leinwand, Grossman, Maron & Hendler, New York City, for Creditors' Committee.

Davies, Hardy & Schenck, New York City, for Trustee under the Trust Indenture.

HERLANDS, District Judge.

On October 29, 1962, BarChris Construction Corporation, the debtor, filed a petition for an arrangement under Section 322 of Chapter XI of the Bankruptcy Act, 11 U.S.C. § 722.

Subsequently, eight of its subsidiaries or subsidiaries of subsidiaries filed Chapter XI petitions with this Court. All of the debtors were adjudicated bankrupt on March 19, 1963. On May 16, 1963, a receiver...

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