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Milton L. COHN, Trustee for Ira S. Pace, Appellant, v. LICO MANUFACTURING CO., Inc., Debtor, and John L. Schwab, its Trustee in Reorganization, Appellees

United States Court of Appeals for the Second Circuit1963-10-29No. No. 12, Docket 28224
323 F.2d 871

Authorities cited

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Opinion

majority opinion

PER CURIAM.

The order is affirmed on the findings and opinion of Judge Anderson, D.C. Conn., 201 F.Supp. 899. The order as we read it subordinates to the claims of all other creditors not only the unsecured portion of appellant’s claims, but also that portion which was secured by indentures and a chattel mortgage; thus interpreted, it is appropriate to the issues presented.