Legal Opinion
Metropolitan Holding Co. v. Weadock
Court of Appeals for the Sixth Circuit
Decided June 27, 1940No. Nos. 8226, 8227PublishedCited by 6 opinions
1Opinion of the Court
HICKS, Circuit Judge.
On March 25, 1937, Metropolitan Plolding Company, a Michigan corporation (herein called the debtor), filed a voluntary petition for reorganization under 77B of the Bankruptcy Act, as amended, 11 U. S.C.A. § 207. Its sole asset was a two-story commercial building in Detroit. The building had five stores on the ground floor and a ballroom above. It was constructed by the debtor in 1929 with $83,600 of its own funds, all of its capital, and the proceeds of a $300,000 first mortgage executed July 1, 1929, in which James I. D. Straus was named as trustee.
The debtor was…
2Cases cited3 opinions
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- In Re Barclay Park CorporationCourt of Appeals for the Second Circuit · 1937
3Cited by6 opinions
- In Re Creekside Landing, Ltd.United States Bankruptcy Court, M.D. Tennessee · 1992
- Cleveland Hotel Protective Committee v. National City Bank of ClevelandCourt of Appeals for the Sixth Circuit · 1946
- Whitmore Plaza Corp. v. SmithCourt of Appeals for the Sixth Circuit · 1940
- Highland Towers Co. v. Bondholders' Protective Committee of Highland TowersCourt of Appeals for the Sixth Circuit · 1940
- In Re Beaver Office Products, Inc.United States Bankruptcy Court, N.D. Ohio · 1995
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