Legal Opinion
In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.
Court of Appeals for the Fifth Circuit
Decided November 21, 1977No. 75-4195PublishedCited by 531 opinions
1Opinion of the Court
CLARK, Circuit Judge:
The appellants are organizers, officers, and directors of the bankrupt, the Mobile Steel Company, Inc. [Mobile Steel], members of their immediate families, and a corporation which one of them controls. They attack the district court’s affirmance of the bankruptcy judge's decision to subordinate some of their claims against the bankrupt estate to those asserted by other unsecured creditors, and to disallow some that were not subordinated. The principal question presented is whether the claimants violated the “rules of fair play and good conscience” 1 in their dealings with…
2Cases cited42 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Local Loan Co. v. HuntSupreme Court of the United States · 1934
- Beacon Theatres, Inc. v. WestoverSupreme Court of the United States · 1959
- Dairy Queen, Inc. v. WoodSupreme Court of the United States · 1962
- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
37 more not listed; retrieve them via the Exa API.
3Cited by531 opinions
- Kham & Nate's Shoes No. 2, Inc., Debtor-Appellee v. First Bank of WhitingCourt of Appeals for the First Circuit · 1990
- In the Matter of Multiponics, Incorporated, Bankrupt. MacHinery Rental, Inc. And Carl Biehl v. William W. Herpel, TrusteeCourt of Appeals for the Fifth Circuit · 1980
- In the Matter of Missionary Baptist Foundation of America, Inc., Debtors. Robert B. Wilson, Trustee v. Robert G. HuffmanCourt of Appeals for the Fifth Circuit · 1983
- United States v. NolandSupreme Court of the United States · 1996
- Wegner v. GrunewaldtCourt of Appeals for the Eighth Circuit · 1987
526 more not listed; retrieve them via the Exa API.