Leatherhide Industries, Inc. v. Lieberman
261 F.2d 560
Court of Appeals for the Second Circuit·Decided November 20, 1958·No. No. 166, Docket 25398·Published·Cited by 3 cases
Opinion
The order below dismissing this debtor’s petition for reorganization on the court’s determination that reorganization would be futile appears to us to be based upon an insufficient record. There are no findings — and apparently no evidence — showing the debtor’s financial condition or prospects. The court should make adequate findings to support its result after taking such evidence as it deems desirable. Accordingly the order below must be reversed and the action remanded to the district court.
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Leatherhide Industries, Inc. v. Lieberman, 261 F.2d 560 (2d Cir. 1958).
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Leatherhide Industries, Inc., Debtor-Appellant v. Sidney Lieberman, Objecting Creditor-Appellee
261 F.2d 560 (Second Circuit, 1958)