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Bankruptcy - Corporate Reorganization - Section 77b - Chapter X Of The Chandler Act - Right Of Creditor To Question The Good Faith Of A Reorganization Petition, Edmund O'Hare
Michigan Law Review
Appellants, two creditors of debtor, objected to the approval of a reorganization petition filed under section 77B by appellees, who were also creditors of debtor, claiming that the petition was not filed in good faith. Held, that appellants had sufficient standing to question the approval of the petition, since any single creditor may raise the issue of the good faith of the petitioners. Snyder v. Fenner, (C. C. A. 3d, 1939) 101 F. (2d) 736.