In the Matter of William Rakestraw Co., Inc., Bankrupt. Marin Foods, Inc. v. Walter J. Hempy, Trustee in Bankruptcy

CHOY, Circuit Judge.

In this bankruptcy case, Marin Foods, Inc. (Marin), an unsecured creditor of the bankrupt corporation William Rakes-traw Co., Inc., (bankrupt), appeals from a District Court order denying its petition for review of, and approving and confirming certain orders of the Referee in Bankruptcy, which were issued during the administration of the bankrupt’s estate.

By Agreement of Sale, dated February 11, 1965, Marin agreed to sell Gary’s Market in Marin County, California, to William Rakestraw, (Rakestraw), the Agreement expressly providing that it would bind and inure to the…