Conway v. Silesian-American Corp.

CLARK, Circuit Judge.

This appeal brings before us as its main feature a district court order approving as fair, equitable, and feasible the trustee’s plan .for the reorganization of Silesian-American Corporation, a Delaware holding company, which was the conduit whereby American investors in the golden twenties put money into a Polish corporation owning and mining extensive zinc and coal deposits in Upper Silesia. In the light of existing world conditions the mines, now in the possession of the present Polish Government, are obviously beyond reach of any American bankruptcy court. The…