Schapiro v. Bostian

JOHNSEN, Circuit Judge.

The question is on a compromise of an alleged liability and a claim, recommended by the trustee, approved by the referee, and affirmed by the District Court. Morris Schapiro, a creditor, seeks to reverse on the ground that the proceedings before the referee were improper and insufficient as a basis for the approval.

Neither he nor any other creditor had made actual objection to the compromise while it was pending before the referee. He did not assert in his petition for review that the compromise in his judgment was not for the best interest of the estate, or that he did…