Ross v. Kirschenbaum

FRIENDLY, Circuit Judge:

This appeal and cross-appeal raise questions with respect to the judicial sale of certain assets of Beck Industries, Inc. (Beck), a debtor which has been in reorganization under Chapter X of the Bankruptcy Act in the District Court for the Southern District of New York since May, 1971. The proceedings were initially under the supervision of Bankruptcy Judge Herzog; upon his retirement they were referred to Bankruptcy Judge Ryan. There have been sev*626eral changes in the trustees, the latest of whom is Stephen Kirschenbaum.

I

Since neither the opinion of the bankruptcy…