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  • Milton L. Cohn, Trustee For Ira S. Pace v. Lico Manufacturing Co., Inc., Debtor, and John L. Schwab, Its Trustee in Reorganization, 323 F.2d 871, 2d Cir. (1963)

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    The United States Court of Appeals for the Second Circuit affirmed a lower court's order that subordinated the claims of appellant Milton L. Cohn, Trustee for Ira S. Pace, to the claims of all other creditors of debtor LICO Manufacturing Co., Inc. The order subordinated not only the unsecured portion of the appellant's claims but also the portion that was secured by indentures and a chattel mortgage. The appellate court affirmed based on the findings and opinion of the lower court judge.

    Original Description:

    Filed: 1963-10-29 Precedential Status: Precedential Citations: 323 F.2d 871 Docket: 28224_1

    Original Title

    Milton L. Cohn, Trustee for Ira S. Pace v. Lico Manufacturing Co., Inc., Debtor, and John L. Schwab, Its Trustee in Reorganization, 323 F.2d 871, 2d Cir. (1963)

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    The United States Court of Appeals for the Second Circuit affirmed a lower court's order that subordinated the claims of appellant Milton L. Cohn, Trustee for Ira S. Pace, to the claims of all other creditors of debtor LICO Manufacturing Co., Inc. The order subordinated not only the unsecured portion of the appellant's claims but also the portion that was secured by indentures and a chattel mortgage. The appellate court affirmed based on the findings and opinion of the lower court judge.

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    5 views1 page

    Milton L. Cohn, Trustee For Ira S. Pace v. Lico Manufacturing Co., Inc., Debtor, and John L. Schwab, Its Trustee in Reorganization, 323 F.2d 871, 2d Cir. (1963)

    Uploaded by

    Scribd Government Docs
    The United States Court of Appeals for the Second Circuit affirmed a lower court's order that subordinated the claims of appellant Milton L. Cohn, Trustee for Ira S. Pace, to the claims of all other creditors of debtor LICO Manufacturing Co., Inc. The order subordinated not only the unsecured portion of the appellant's claims but also the portion that was secured by indentures and a chattel mortgage. The appellate court affirmed based on the findings and opinion of the lower court judge.

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    of 1

    323 F.

    2d 871

    Milton L. COHN, Trustee for Ira S. Pace, Appellant,


    v.
    LICO MANUFACTURING CO., Inc., Debtor, and John L.
    Schwab,
    its Trustee in Reorganization, Appellees.
    No. 12, Docket 28224.

    United States Court of Appeals Second Circuit.


    Argued Oct. 8, 1963.
    Decided Oct. 29, 1963.

    I. J. Cohn, Bridgeport, Conn., for appellant.


    Edward J. McCarthy, Bridgeport, Conn. (Paul C. Jamieson, Bridgeport,
    Conn., on the brief), for appellees.
    Before CLARK MOORE and KAUFMAN, Circuit Judges.
    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.

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