In Re Moir Hotel Co. Trainor v. Morrison Hotel Corp.

KERNER, Circuit Judge.

In the debtor proceeding of the Moir Hotel Company, two orders from which this appeal was taken were entered on October 23, 1950. That proceeding was initiated by voluntary petition filed in 1934, under § 77B of the Bankruptcy Act, 11 U.S.C.A. § 207. A plan of reorganization was confirmed by the court December 20, 1937, providing for the organization of a new corporation, the Morrison Hotel Corporation.

Because of the unusual complexity of the financial structure and burdens, provision was made in the confirmation order for withholding distribution of the securities of…