Redington v. Borghi

WYATT, District Judge.

This is an appeal by the Trustee of Weis Securities, Inc. (Weis) from an order of Bankruptcy Judge Babitt filed June 19, 1975, granting a motion of claimant Borghi for leave to file a claim long after the time for filing had expired.

The sole issue is whether there is discretion to permit a late filing of a claim. If there be such discretion, certainly Judge Babitt did not abuse it.

The time limit is in 15 U.S.C. § 78fff(e) which incorporates a part of the Bankruptcy Act (11 U.S.C. § 93(n)). “Claims which are not filed within six months after the first date set for the…