In the Matter of Posi-Seal International, Inc., Debtor-Appellee v. Richard F. Chipperfield

This is an appeal from an order of Judge Robert C. Zampano of the United States District Court for the District of Connecticut which affirmed the denial by the Referee in Bankruptcy of appellant’s objections to the confirmation of an arrangement under Chapter XI of the Bankruptcy Act §§ 301-399 (11 U.S.C. §§ 701-799) and which denied appellant’s petition for review. The debt- or-appellee is a publicly held Delaware corporation with a principal place of business in Connecticut. It had 4,874,174 shares of common stock outstanding held by 1700 stockholders, including 528,300 shares held by…