Legal Opinion
In the Matter of Luscombe Engineering Company, Inc., Bankrupt. United States of America and First Pennsylvania Banking and Trust Company
Court of Appeals for the First Circuit
Decided June 24, 1959No. 12736PublishedCited by 5 opinions
1Opinion of the Court
HASTIE, Circuit Judge.
The matter in dispute in this bankruptcy appeal is the claim of a secured creditor to each of three funds acquired by the receiver, later appointed trustee and so designated throughout this opinion. The referee found the secured creditor entitled to two of the funds. Reversing the referee’s order in part, the district court held that the creditor had no security interest in any of the funds. This appeal followed.
The bankrupt, Luscombe Engineering Co., was a subcontractor of two principal contractors, Chrysler Corporation and Philco Corporation, in the enterprise of…
2Cases cited6 opinions
- In Re Public Ledger, Inc.Court of Appeals for the Third Circuit · 1947
- In Re Northern Indiana Oil Co., Inc., Fletcher v. SurpriseCourt of Appeals for the Seventh Circuit · 1950
- In Re Public Ledger, Inc.District Court, E.D. Pennsylvania · 1945
- In the Matter of Forgee Metal Products, IncCourt of Appeals for the Third Circuit · 1956
- In Re Schenectady Ry. Co.District Court, N.D. New York · 1950
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3Cited by5 opinions
- IT Litigation Trust v. Alpha Analytical Labs (In Re IT Group, Inc.)United States Bankruptcy Court, D. Delaware · 2005
- Bank of America National Trust & Savings Ass'n v. SmithCourt of Appeals for the Ninth Circuit · 1964
- Leonard v. Commonwealth National Bank (In Re Middleton)United States Bankruptcy Court, E.D. Pennsylvania · 1980
- Bank Of America National Trust And Savings Association v. James A. A. SmithCourt of Appeals for the Ninth Circuit · 1964
- Stauduhar v. Limbach Co.District Court, E.D. Wisconsin · 1970