Legal Opinion
In Re Portage Wholesale Co. Marachowsky v. Devine
Court of Appeals for the Seventh Circuit
Decided March 24, 1951No. 10152_1PublishedCited by 5 opinions
1Opinion of the Court
MAJOR, Chief Judge.
The debtor corporation, on January 21, 1947, filed its petition for arrangement under Chapter XI of the Chandler Act, Title 11 U.S.C.A. § 701 et seq. On July 25, 1947, a second arrangement plan was filed, pursuant to which there was deposited with the court the sum of $25,000.00, with the further agreement to pay the unsecured creditors the additional sum of $125,000.00, which sum was on August 18, 1948, by a second amended proposal, increased to $175,000.00. The plan was ac cepted by the creditors and confirmed by the court. Thereafter, the debtor defaulted in the payment…
2Cases cited3 opinions
- In re Famous Furniture Co.District Court, E.D. New York · 1942
- Chalmers v. SwarttzCourt of Appeals for the Third Circuit · 1932
- In re KoegelCourt of Appeals for the Second Circuit · 1932
3Cited by5 opinions
- Houck v. JoseDistrict Court, S.D. California · 1947
- In re Tamasha Town & Country ClubDistrict Court, C.D. California · 1970
- In Re Tamasha Town and Country Club, Bankrupt. Don Rothman, Trustee v. United StatesCourt of Appeals for the Ninth Circuit · 1973
- In Re Tamasha Town and Country Club, Bankrupt. Don Rothman, Trustee v. United StatesCourt of Appeals for the Ninth Circuit · 1973
- In re McAllester Hosiery Mills, Inc.District Court, E.D. Tennessee · 1963