Legal Opinion

Caplin v. Marine Midland Grace Trust Co. of New York

Court of Appeals for the Second Circuit

Decided March 3, 1971No. 327, Docket 32586PublishedCited by 3 opinions

1Opinion of the Court

FRIENDLY, Circuit Judge:

We have three appeals and a cross-appeal from orders of Judge McLean concerning the reorganization of Webb & Knapp, Inc. under Chapter X of the Bankruptcy Act which is now pending in the District Court for the Southern District of New York. All relate to complaints by the Chapter X Trustee, Mortimer M. Caplin, concerning alleged failure on the part of The Marine Midland Grace Trust Company of New York (“Marine”), trustee under an Indenture whereunder Webb & Knapp issued unsecured debentures now outstanding in the amount of $4,298,200, to enforce certain covenants made…

2Cases cited15 opinions

  1. Olga Zdanok v. The Glidden Company, Durkee Famous Foods Division, Frank T. Alexander v. The Glidden Company, Durkee Famous Foods DivisionCourt of Appeals for the Second Circuit · 1964
  2. Johnson v. United StatesCourt of Appeals for the First Circuit · 1908
  3. McCandless v. FurlaudSupreme Court of the United States · 1935
  4. Indussa Corporation v. S.S. Ranborg, Her Engines, Boilers, Etc. (Erling Hansens Rederi A/s and Skibs A/s Linea, Claimants)Court of Appeals for the Second Circuit · 1967
  5. In Re Solar Manufacturing CorporationCourt of Appeals for the Third Circuit · 1952

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3Cited by3 opinions

  1. In Re Duplan Corp.District Court, S.D. New York · 1978
  2. Chemical Bank v. SlanerDistrict Court, S.D. New York · 1978
  3. Caplin v. Marine Midland Grace Trust Company Of New YorkCourt of Appeals for the Second Circuit · 1971

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