Legal Opinion

Frasher v. Robinson

Court of Appeals for the Ninth Circuit

Decided March 24, 1972No. 26201PublishedCited by 17 opinions

1Per curiam

Burton Frasher and his wife were majority shareholders in Frasher’s Inc., a retail stationery and camera business. Frasher was president of the corporation and active in its management; Mrs. Frasher was vice-president and treasurer.

In 1967 the company filed a voluntary petition in bankruptcy. The Frashers were listed as creditors in the amount of $11,947.41 (balance due on an unsecured installment loan). Frasher was listed as a creditor in the amount of $522.84 (wages due).

The referee subordinated both of the Frasher claims to the claims of all of the general creditors, on the ground that the…

2Cases cited6 opinions

  1. Pepper v. LittonSupreme Court of the United States · 1939
  2. Comstock v. Group of Institutional InvestorsSupreme Court of the United States · 1948
  3. In Re Calpa Products CompanyDistrict Court, E.D. Pennsylvania · 1965
  4. Gannett Co., Inc. v. E. Charles Larry, Trustee in Bankruptcy of Berwin Paper Manufacturing Corp.Court of Appeals for the Second Circuit · 1955
  5. Theriot v. PlaneCourt of Appeals for the Ninth Circuit · 1942

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3Cited by17 opinions

  1. 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 · 1977
  2. Unsecured Creditors' Committees of Pacific Express, Inc. v. Pioneer Commercial Funding Corp. (In Re Pacific Express, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986
  3. In the Matter of Arthur Clarke Ahlswede and Dorothy Ahlswede, Bankrupts. Richard W. Stebbins, Trustee v. Crocker Citizens National BankCourt of Appeals for the Ninth Circuit · 1975
  4. Gelatt v. DeDakisWisconsin Supreme Court · 1977
  5. Stuhley v. United States Small Business Administration (In Re United Medical Research, Inc.)United States Bankruptcy Court, C.D. California · 1981

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