Wonderbowl, Inc. v. Jonas

515 F.2d 18 In the Matter of WONDERBOWL, INC., a California Corporation, and Wonderbowl-Downey, Inc., a California Corporation, Debtors. Alvin S. BENNETT et al., Appellants, v. Sam JONAS, Trustee, and H. J. Caruso, Brunswick Corporation, Appellees. No. 74-2133. United States Court of Appeals, Ninth Circuit. April 4, 1975. Rehearing and Rehearing En Banc Denied May 29, 1975. William J. Currer, Jr., Los Angeles, Cal. (argued), for appellants. George L. Catlin, Irving Sulmeyer, and H. Miles Raskoff, Los Angeles, Cal., (argued), for appellees. OPINION Before HUFSTEDLER, CHOY and WALLACE, Circuit Judges. PER CURIAM: 1 The almost interminable litigation over the tangled affairs of Wonderbowl, Inc., and Wonderbowl-Downey, Inc., commenced when petitions for their reorganization were filed in 1967 under Chapter X of the Bankruptcy Act, is finally grinding to a close. Multiple lawsuits and hovering foreclosures prevented any feasible reorganization plan. Strenuous and prolonged efforts of the reorganization trustee, Jonas, ultimately resulted in sales, a lease, and compromises that together became the Amended Compromise approved by the district court. Everyone is satisfied, except…