In the Matter of Minskoff-Dorman Co., a Bankrupt. Myron Klapper v. Curtis B. Danning, Trustee

The bankruptcy proceeding below followed a Chapter XI proceeding which was dismissed. In the Chapter XI proceeding Klapper, the appellant, filed an application to recover $5011.52 as an expense of administration for the use by the receiver of certain equipment. Dan-ning, the appellee, who was then the receiver in the Chapter XI proceeding, stipulated that “Said sum shall constitute an administrative expense of this estate [the Chapter proceeding] and of any bankruptcy estate in the event that the debtor is subsequently adjudicated a bankrupt * * * ”. The referee approved the stipulation in…