Legal Opinion
In Re John Muir & Co.
United States Bankruptcy Court, S.D. New York
Decided July 17, 1985No. 19-10295PublishedCited by 9 opinions
1Opinion of the Court
HOWARD C. BUSCHMAN, III, Bankruptcy Judge.
This proceeding raises the question of whether a stock loan transaction between two stock brokers is entitled to the protection of the Securities Investor Protection Corporation (“SIPC”) as provided under the Securities Investor Protection Act of 1970, as amended (“SIPA”) (15 U.S.C. § 78aaa et seq.).
I
At the request of Neuberger & Berman (“Neuberger”), John Muir & Co. (“Muir”) loaned Neuberger a total of 6,500 shares of stock issued by Colonial Commercial Corporation (“Colonial”) on August 12 and 13, 1980. Neuberger borrowed the stock to cover a short…
2Cases cited1 opinion
- Securities Investor Protection Corp. v. Executive Securities Corp.District Court, S.D. New York · 1976
3Cited by9 opinions
- In Re Hanover Square SecuritiesUnited States Bankruptcy Court, S.D. New York · 1985
- Ferris, Baker Watts, Inc. v. Stephenson (In Re MJK Clearing, Inc.)United States Bankruptcy Court, D. Minnesota · 2002
- In Re Adler Coleman Clearing Corp.United States Bankruptcy Court, S.D. New York · 1997
- Langenkamp v. Moore (In Re Republic Financial Corp.)United States Bankruptcy Court, N.D. Oklahoma · 1987
- In Re Adler, Coleman Clearing Corp.United States Bankruptcy Court, S.D. New York · 1998
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