Legal Opinion
In re Interstate Stores, Inc.
District Court, S.D. New York
Decided March 25, 1987No. 86 Civ. 7285 (MGC)PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
CEDARBAUM, District Judge.
This is an appeal from a final order of the Bankruptcy Court granting appellee’s motion for a declaratory judgment that certain stock certificates unclaimed by general creditors pursuant to the terms of a final bankruptcy decree became the property of the reorganized company. For the reasons discussed below, the judgment is affirmed. FACTUAL BACKGROUND
In 1974, Interstate Stores, Inc. and its various subsidiaries (collectively “Interstate”) filed for reorganization under Chapter X of the United States Bankruptcy Act of 1898 (the “Act”). In…
2Cited by1 opinion
- In Re Interstate Stores, Inc., Formerly Known as Interstate Department Stores, Inc., Debtors. Capital Tracing Company, Inc. v. Interstate Stores, Inc.Court of Appeals for the Second Circuit · 1987