Legal Opinion
In the Matter of Metropolitan Realty Corporation. Metropolitan Realty Corporation
Court of Appeals for the Fifth Circuit
Decided November 17, 1970No. 30118PublishedCited by 1 opinion
1Opinion of the Court
WISDOM, Circuit Judge:
The Metropolitan Realty Corporation appeals from a judgment of the district court dismissing its petition for reorganization filed, under Chapter X of the Bankruptcy Act, 11 U.S.C. § 501, et seq. We affirm.
The case arose out of the efforts of a developer, Al H. German, in 1968 and 1969 to secure financing for a project in Baton Rouge, Louisiana, known as the Prince Murat Inn. The Prudential Insurance Company was to provide the long-term financing. The Fidelity National Bank of Baton Rouge supplied interim financing and received four mortgages in the amounts of $344,000,…
2Cases cited14 opinions
- Marine Harbor Properties, Inc. v. Manufacturers Trust Co.Supreme Court of the United States · 1942
- S. S. Silberblatt, Inc., and the Travelers Indemnity Company v. United States of America, for the Use and Benefit of Lambert CorporationCourt of Appeals for the Fifth Circuit · 1965
- First Nat. Bank v. Conway Road Estates Co.Court of Appeals for the Eighth Circuit · 1938
- Mongiello Bros. Coal Corp. v. Houghtaling Properties Incorporated and 95th Street Center, Inc.Court of Appeals for the Fifth Circuit · 1962
- In Re Southern Land Title CorporationDistrict Court, E.D. Louisiana · 1968
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3Cited by1 opinion
- In the Matter of Metropolitan Realty Corporation. Metropolitan Realty CorporationCourt of Appeals for the Fifth Circuit · 1970