In Re Capital Foundry Corporation
District Court, E.D. New York
1Opinion of the Court
GALSTON, District Judge.
The trustees have filed a petition which sets forth that on taking possession of the assets and property of the above named debtor, they ascertained that the production employees of the debtor were represented by two unions. Each of these unions had a separate contract with the debtor which provided for vacation with pay. It was the custom of the debtor also to allow vacations with pay to all of its other employees who were not covered by the union contracts.
Pursuant to the authority of appointment, the trustees continued the business of the debtor, and though they did…
2Cases cited1 opinion
- In Re Wil-Low CafeteriasCourt of Appeals for the Second Circuit · 1940
3Cited by2 opinions
- In Re Capital Service, Inc.District Court, S.D. California · 1955
- Interstate Hosts, Inc. v. ThompsonCourt of Appeals of Texas · 1968