Case Name: LEATHERHIDE INDUSTRIES, INC., Debtor-Appellant, v. Sidney LIEBERMAN, Objecting Creditor-Appellee
Court: United States Court of Appeals for the Second Circuit
Jurisdiction: United States
Decision Date: 1958-11-20
Citations: 261 F.2d 560
Docket Number: No. 166, Docket 25398
Parties: LEATHERHIDE INDUSTRIES, INC., Debtor-Appellant, v. Sidney LIEBERMAN, Objecting Creditor-Appellee.
Judges: 
Reporter: Federal Reporter 2d Series
Volume: 261
Pages: 560–560

Head Matter:
LEATHERHIDE INDUSTRIES, INC., Debtor-Appellant, v. Sidney LIEBERMAN, Objecting Creditor-Appellee.
No. 166, Docket 25398.
United States Court of Appeals Second Circuit.
Argued Nov. 3 and 5,1958.
Decided Nov. 20, 1958.
Bernard J. Coven, New York City, for debtor-appellant.
Alfred A. Rosenberg, Brooklyn, N. Y. (Louis P. Rosenberg, Brooklyn, N. Y., on the brief), for objecting creditor-appellee.
Before CLARK, Chief Judge, WATERMAN, Circuit Judge, and GALSTON, District Judge.

Opinion:
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.