Surface Transit, Inc. v. Saxe, Bacon & O'shea, in Re Allowances in Estate of Third Avenue Transit Corporation, Debtor
Court of Appeals for the Second Circuit
1Opinion of the Court
CLARK, Chief Judge.
This is the final round in the Chapter X reorganization of the Third Avenue Transit Corporation, a common carrier of passengers, and its subsidiaries instituted by the filing of an involuntary petition on October 25, 1948. The debtor at *865that time was enmeshed in what seemed to be insoluble problems involving limitations on the fares it could charge, heavy wage demands of its employees, and franchise tax demands of New York City. The parties to this appeal are in near unanimity that the reorganization was unusually successful in achieving a workable solution of these…
2Cases cited22 opinions
- Woods v. City Nat. Bank & Trust Co. of ChicagoSupreme Court of the United States · 1941
- Brown v. GerdesSupreme Court of the United States · 1944
- Finn v. Childs Co.Court of Appeals for the Second Circuit · 1950
- Leiman v. GuttmanSupreme Court of the United States · 1949
- In Re Porto Rican American Tobacco Co.Court of Appeals for the Second Circuit · 1941
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- In Re United States Lines, Inc.United States Bankruptcy Court, S.D. New York · 1989
- The Official Creditors' Committee of Fox Markets, Inc. v. Walter Ely and Stuart L. KadisonCourt of Appeals for the Ninth Circuit · 1964
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