LEATHERHIDE INDUSTRIES, INC., DEBTOR-APPELLANT,
v.
SIDNEY LIEBERMAN, OBJECTING CREDITOR-APPELLEE

2d Cir. | 1958-11-20
Nos. 166, Docket 25398
261 F.2d 560 United States Court of Appeals for the Second Circuit (1958) Positive Treatment
Cited by 4 cases

Opinion of the Court
PER CURIAM.

PER CURIAM.

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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