In re Sponsor Realty Corp.
District Court, S.D. New York
1Opinion of the Court
RIFKIND, District Judge.
The issues presented by the involuntary petition and answer under • Chapter X of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq., have been tried to the court and the question is whether the petition should be approved.
The debtor is a New York corporation. It owns and operates a business building located at 3801 Broadway in the City of New York. The several portions of the building are leased to tenants. F. W. Woolworth and Company is one of the tenants and pays a substantial portion of the total rent derived from the property.
*737The property is encumbered by a $850,-000…
2Cases cited9 opinions
- Marine Harbor Properties, Inc. v. Manufacturers Trust Co.Supreme Court of the United States · 1942
- In Re Westover, Inc.Court of Appeals for the Second Circuit · 1936
- Brooklyn Trust Co. v. RembaughCourt of Appeals for the Second Circuit · 1940
- Weil v. President & Directors of the Manhattan Co.New York Court of Appeals · 1937
- In re Paloma Estates, Inc.Court of Appeals for the Second Circuit · 1942
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3Cited by4 opinions
- In Re Southern Land Title CorporationDistrict Court, E.D. Louisiana · 1968
- G. F. Wertime, Inc. v. Alexander Turchick, Trustee of Kinne Equipment Co., Inc., in Reorganization Pursuant to Chapter X of the Bankruptcy ActCourt of Appeals for the Second Circuit · 1966
- Grey v. Federated Group, Inc. (In re Federated Group, Inc.)Court of Appeals for the Ninth Circuit · 1997
- In Re Federated Group, Inc.Court of Appeals for the Ninth Circuit · 1997