In re Insulation & Acoustical Specialties, Inc.

MEMORANDUM AND ORDER

JOHN W. OLIVER, District Judge.

I

This case pends on a petition for review of the Referee’s order of April 22, 1968, filed by assignees Bennett, Tomlinson, Smith, Willey, and Swanson. The parties agree that this case should be considered on the evidence adduced before the Referee.

The Referee filed findings of fact, conclusions of law, and entered its order of April 22, 1968, which set aside an earlier order entered October 7, 1966. That earlier order, entered without notice to creditors, authorized the sale and transfer to petitioners of Sun Life Assurance Company of Canada…