Legal Opinion

Mishkin v. Kenney & Branisel, Inc.

District Court, S.D. New York

Decided June 5, 1985No. 85 Civ. 3791 (EW)PublishedCited by 9 opinions

1Opinion of the Court

OPINION

EDWARD WEINFELD, District Judge.

By order dated May 6, 1985, this Court appointed a temporary receiver of Parr Securities Corp. and later its affiliate Parr Investor Services, Inc. (collectively “Parr”). 1 By further order dated May 17, 1985, the Court granted an application of the Securities Investor Protection Corporation for appointment of a permanent trustee to liquidate Parr Securities Corp. and, accordingly, referred the liquidation proceeding to the Bankruptcy Court. 2 Estimating that the liabilities of Parr exceed $16 million while its combined assets total only $1 million, the…

2Cases cited3 opinions

  1. In Re Feit & Drexler, Inc.Court of Appeals for the Second Circuit · 1985
  2. Ashland Oil, Inc. v. GleaveDistrict Court, W.D. New York · 1982
  3. Irving Trust Co. v. GomezDistrict Court, S.D. New York · 1982

3Cited by9 opinions

  1. Bank Leumi Trust Co. of New York v. Istim, Inc.District Court, S.D. New York · 1995
  2. JSC Foreign Economic Ass'n Technostroyexport v. International Development and Trade Services, Inc.District Court, S.D. New York · 2004
  3. Trafalgar Power, Inc. v. Aetna Life InsuranceDistrict Court, N.D. New York · 2001
  4. City of New York v. Citisource, Inc.District Court, S.D. New York · 1988
  5. State v. First Investors Corp.New York Supreme Court · 1992

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