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MATTER OF DUPLAN CORP.

No. 76 B 1967 (KTD).

450 F.Supp. 790 (1978)

In the Matter of the DUPLAN CORPORATION, Debtor. CHEMICAL BANK, the First National Bank of Chicago, North Carolina National Bank and Security Pacific National Bank, Plaintiffs, v. Alfred P. SLANER, as Trustee in Reorganization of the Duplan Corporation, Debtor, Defendant.

United States District Court, S. D. New York.

February 21, 1978.

Attorney(s) appearing for the Case

Zalkin, Rodin & Goodman, New York City, for plaintiffs; Henry L. Goodman, Richard S. Toder, Andrew D. Gottfried, New York City, of counsel.

Curtis, Mallet-Prevost, Colt & Mosle, New York City, for Indenture Trustee; John P. Campbell, Stephen K. Bone, Robert G. Zack, New York City, of counsel.

Marvin E. Jacob, Associate Regional Administrator, New York City, for Securities and Exchange Commission; Jerome Feller, Branch Chief Nathan M. Fuchs, Atty., New York City, of counsel.

OPINION AND ORDER

KEVIN THOMAS DUFFY, District Judge.

The Duplan Corporation ("Duplan") filed a petition under Chapter XI of the Bankruptcy Act on August 31, 1976. On October 5, 1976, the case was transferred to Chapter X and the following day Alfred P. Slaner was appointed Reorganization Trustee. On October 25, 1976, the United States Trust Company of New York, successor Indenture Trustee for certain subordinated...

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