Custom Wood Products, Inc. v. United States

OPINION

ENGEL, District Judge.

The legal issue in this case is whether tax penalties and interest thereon, not listed in the debtor’s statement of debts, but incurred prior to filing a Chapter XI petition under the Bankruptcy Act, are discharged by judicial confirmation of the debtor’s plan of arrangement.

Custom Wood Products, Inc., hereinafter designated “Custom Wood”, filed a complaint June 16, 1971 seeking a determination of whether tax penalties incurred by plaintiff prior to filing a Chapter XI petition under the provisions of the Bankruptcy Act, and interest thereon are discharged by…