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IN RE HYGRADE ENVELOPE CORP.

No. 63 B 105.

272 F.Supp. 451 (1967)

In the Matter of HYGRADE ENVELOPE CORP., Bankrupt.

United States District Court E. D. New York.

August 8, 1967.

Attorney(s) appearing for the Case

Popper & Popper, New York City, for trustee in bankruptcy; Abraham Popper, New York City, of counsel.

Louis P. Rosenberg, Brooklyn, N. Y., for Gibraltar Factors Corp.

OPINION

WEINSTEIN, District Judge.

Review is sought of the determination of the Referee in Bankruptcy following remand by the Court of Appeals for further findings and conclusions. See In re Hygrade Envelope Corp., 366 F.2d 584, 589 (2d Cir. 1966). The question posed is whether the $101,000 proceeds of an insurance policy—on the life of Jack Wohl, vice-president, general manager and "key man" of the bankrupt, Hygrade...

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