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IN RE KENILWORTH SYSTEMS CORP.

Bankruptcy No. 882-82273-20A.

55 B.R. 60 (1985)

In re KENILWORTH SYSTEMS CORPORATION, Debtor.

United States Bankruptcy Court, E.D. New York.

September 6, 1985.

Attorney(s) appearing for the Case

Joseph M. Kraft, New York City, for Ernst Wille and Irving Tobin.

Robson, Miller & Osserman, New York City, for Kenilworth Corp.

DECISION AND ORDER

ROBERT J. HALL, Bankruptcy Judge.

This matter came to be heard by order to show cause of Ernest Wille and Irving Tobin in this Chapter 11 bankruptcy. Movants complain that debtor refuses to deliver and then redeem stock in Kenilworth Corporation owed to them under Kenilworth's reorganization plan. In opposition, debtor argues that Wille's transfer of his claim to Tobin violates securities laws, and accordingly, 11 U.S.C. § 1145 prohibits...

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