In Re Godwin Bevers Co., Inc., Debtor. Coldwell Banker and Company v. Godwin Bevers Co., Inc., and Debtor in Possession

BREITENSTEIN, Circuit Judge.

In this bankruptcy proceeding the district court held that the claim of Coldwell Banker and Company, plaintiff-appellant, should be allowed as a general, unsecured claim. Coldwell Banker asserts that its claim should be allowed and paid as an expense of administration. We affirm the district court.

After an involuntary petition in bankruptcy had been filed against it, defendant-appellee Godwin Bevers Co., Inc., petitioned for a plan of arrangement under Chap. XI of the Bankruptcy Act, 11 U.S.C. § 701 et seq. Coldwell Banker, claimant, filed its “Proof and Statement…