Legal Opinion
In Re New York Railways Corporation
Court of Appeals for the Second Circuit
Decided March 27, 1936No. 322PublishedCited by 14 opinions
1Opinion of the Court
MANTON, Circuit Judge.
Appellants are two committees representing preferred stockholders and appeal from orders entered below, questioning whether the debtor was insolvent and whether the plan of reorganization is fair and equitable. The special master heard the proofs and held that the debtor was insolvent and that the plan proposed was fair and equitable. The District Court confirmed his report.
The balance sheet of December 31, 1934, submitted with the petition, showed that the debtor had liabilities amounting to $40,982,342.03 and assets of $31,762,050.99. The balance sheet, showing the…
2Cases cited7 opinions
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- Southern Pacific Co. v. BogertSupreme Court of the United States · 1919
- Gamble v. Queens County Water Co.New York Court of Appeals · 1890
- Irving Trust Co. v. DeutschCourt of Appeals for the Second Circuit · 1934
- In Re McCrory Stores CorporationDistrict Court, S.D. New York · 1935
2 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Blish v. Thompson Automatic Arms Corp.Supreme Court of Delaware · 1948
- Otis & Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1945
- Price v. Spokane Silver & Lead Co.Court of Appeals for the Eighth Circuit · 1938
- In Re Los Angeles Lumber Products Co.District Court, S.D. California · 1941
9 more not listed; retrieve them via the Exa API.