Freeman v. Neisner Bros., Inc. (In Re Neisner Bros., Inc.)

EDWARD J. RYAN, Bankruptcy Judge.

On December 1, 1977, Neisner Brothers, Inc. (“Neisner” or the “debtor”) filed a petition in proceedings for an arrangement under Chapter XI of the Bankruptcy Act. On March 9,1981, this court entered an “Order Denying Debtor’s Objections to the Contested Portions of Claims Nos. 2386, 2960 and 5008”, which order was immediately appealed by the debtor pursuant to Bankruptcy Rule 801. On the same day as debtor filed its notice of appeal, Neisner obtained an Order to Show Cause why a stay of the disbursements on the respective claims ought not be granted pending…