Legal Opinion
In Re Hudson & Manhattan Railroad Company
District Court, S.D. New York
Decided July 8, 1971No. 90460PublishedCited by 5 opinions
1Opinion of the Court
RYAN, District Judge.
The debtor, Hudson & Manhattan Corporation (H&M), has petitioned for an Order authorizing and directing it to pay an initial liquidating dividend to its shareholders of approximately $40,998,-923.71. I have concluded that the entry of such an order is required by the terms of the plan of reorganization and is a step in the consummation of its provisions.
An involuntary petition for reorganization of Hudson & Manhattan Railroad Company pursuant to Chapter X of the Bankruptcy Act was filed on August 11, 1954 by three bondholders of the Debtor. Later, on. December 14, 1954,…
2Cases cited20 opinions
- North American Car Corp. v. Peerless Weighing & Vending MacHine Corp.Court of Appeals for the Second Circuit · 1944
- In Re Flatbush Ave.-Nevins St. CorporationCourt of Appeals for the Second Circuit · 1943
- Clinton Trust Co. v. John H. Elliott Leather Co.Court of Appeals for the Second Circuit · 1942
- In the Matter of Dilbert's Quality Supermarkets, Inc., Debtor-Respondent-Appellee. The Petition of Irma M. Realty Corp.Court of Appeals for the Second Circuit · 1966
- Reese v. Beacon Hotel CorporationCourt of Appeals for the Second Circuit · 1945
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3Cited by5 opinions
- Resolution Trust Corp. v. Best Products Co. (In Re Best Products Co.)District Court, S.D. New York · 1995
- In the Matter of Donald Arthur POWELSON and Mary Margie Powelson, Debtors. Appeal of James M. MORE, TrusteeCourt of Appeals for the Seventh Circuit · 1989
- In Re Heatron, Inc.United States Bankruptcy Court, W.D. Missouri · 1983
- In the Matter of Donald Arthur POWELSON and Mary Margie Powelson, Debtors. Appeal of James M. MORE, TrusteeCourt of Appeals for the Seventh Circuit · 1989
- NorthEast Gas Generation, LLCUnited States Bankruptcy Court, D. Delaware · 2022