In Re Kreisler Group, Inc., Debtor (Appellee). Appeal of Seventh Avenue (Far East) Ltd.

Seventh Avenue (Far East) Ltd. appeals from the endorsement and order of the United States District Court for the Southern District of New York, Robert L. Carter, J., dated November 10, 1980, which affirmed two orders of Edward J. Ryan, Bankruptcy Judge: one, dated August 19, 1980, confirming the arrangement of the debtor, Kreisler Group, Inc., appellee in this action, and the other, dated August 6, 1980, expunging Seventh Avenue’s claim against Kreisler. Seventh Avenue’s claim arose from a debt owed to Seventh Avenue by Malcolm Starr, Inc., a wholly-owned subsidiary of Kreisler, which debt…