Court Opinion

ID: 8745171
Source: CourtListenerOpinion
Date Created: 2022-11-26 11:04:00.74508+00
Date Added: 2024-06-11T17:00:37.611612
License: Public Domain

BUFFINGTON, District Judge
(orally). These creditors voluntarily came into court, accepted the proposed composition, and asked the court to act in the matter, and confirm the composition. They procured the court to act, and they are now estopped from interfering with the further conduct of the case in the matter of this composition, tfad they alleged fraud or misrepresentation in the procuring of their signatures to the acceptance, the case would be different. They are presumed to have had the same knowledge when they signed as they have now. The application for their withdrawal will be refused, and the court will proceed to pass upon' the merits of the proposed composition. If it is not for the best interests of the creditors, it can be shown on the hearing before the referee.