Legal Opinion
In re Transvision, Inc.
District Court, S.D. New York
Decided December 30, 1953PublishedCited by 4 opinions
1Opinion of the Court
SUGARMAN, District Judge.
On September 25, 1953 Transvision, Inc., as debtor, filed a petition in proceedings for an arrangement under Chapter XI of the Bankruptcy Act.1 It proposed to pay each of its unsecured creditors whose claim exceeded $50 100% of its indebtedness at the rate of 2% monthly commencing six months after confirmation of the arrangement and proposed to pay in full upon confirmation of the arrangement each of its unsecured creditors whose claim did not exceed $50, the administration expenses and certain deposits made by unsecured creditors for the sale of merchandise by the…
2Cases cited4 opinions
- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- Walker & Austin v. TylerCourt of Appeals for the Second Circuit · 1942
- In Re Credit Service, Inc.District Court, D. Maryland · 1940
3Cited by4 opinions
- General Stores Corporation, Debtor-Appellant v. Max Shlensky and Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1955
- In Re Proceedings for an Arrangement Under Chapter XI of the Bankruptcy Act of General Stores Corp.District Court, S.D. New York · 1955
- In Re Wilcox-Gay CorporationDistrict Court, W.D. Michigan · 1955
- General Stores Corporation, Debtor-Appellant v. Max Shlensky and Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1955