Legal Opinion
R.I.D.C. Industrial Development Fund v. P. L. Snyder
Court of Appeals for the Fifth Circuit
Decided September 27, 1976No. 75-1570PublishedCited by 59 opinions
1Opinion of the Court
MORGAN, Circuit Judge.
In 1964 and 1966, defendant P. L. Snyder guaranteed two promissory notes executed by Sunnyhill Research and Manufacturing Company (Sunnyhill) 1 to plaintiff R.I.D.C. Industrial Development Fund (R.I.D.C.). Finding itself unable to pay its debts when they came due, Sunnyhill entered into an arrangement proceeding under Chapter XI of the Bankruptcy Act, 11 U.S.C. §§ 701-799. R.I.D.C., having received less than the full face amount of the debt owing to it, brought this diversity action against defendant Snyder as guarantor of Sunnyhill. The district court, 387 F.Supp. 466…
2Cases cited20 opinions
- Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
- Securities & Exchange Commission v. American Trailer Rentals Co.Supreme Court of the United States · 1965
- United States National Bank v. Chase National BankSupreme Court of the United States · 1947
- Ivanhoe Building & Loan Assn. v. OrrSupreme Court of the United States · 1935
15 more not listed; retrieve them via the Exa API.
3Cited by59 opinions
- REPUBLIC SUPPLY CO., Plaintiff-Appellee, v. Joseph SHOAF, Defendant-AppellantCourt of Appeals for the Fifth Circuit · 1987
- In Re American Hardwoods, Inc., Debtor. American Hardwoods, Inc. v. Deutsche Credit CorporationCourt of Appeals for the Ninth Circuit · 1989
- In the Matter of Sandy Ridge Development Corporation, Debtor. Sandy Ridge Development Corporation v. Louisiana National BankCourt of Appeals for the Fifth Circuit · 1989
- Underhill v. RoyalCourt of Appeals for the Ninth Circuit · 1985
- UNION CARBIDE CORPORATION, Plaintiff-Appellee, v. F. Allen NEWBOLES and Mary v. Newboles, Defendants-AppellantsCourt of Appeals for the Seventh Circuit · 1982
54 more not listed; retrieve them via the Exa API.