In re a Plan for the Readjustment, Modification or Reorganization of the Rights of All the Holders of Mortgage
New York Supreme Court
1Opinion of the CourtFrankenthaler, J.
The court is now called upon to fix the allowances to be made to attorneys who have rendered valuable services in connection with the reorganization of Series C-2 of the New York Title and Mortgage Company. The principal amount of the issue at the time of the reorganization was $24,419,857.83, making it the second largest group series involved in the entire guaranteed mortgage situation. It is the most widely held of all the issues, there being approximately 7,500 separate certificate holders.
It was not until June 1, 1935, that a proposed plan of reorganization for Series C-2 was actually…
2Cases cited2 opinions
- In re the New York Title & Mortgage Co.New York Supreme Court · 1935
- In re PeopleNew York Supreme Court · 1936