Legal Opinion

Matter of Weis Securities, Inc.

District Court, S.D. New York

Decided March 2, 1976No. 73 Civ. 2332PublishedCited by 1 opinion

1Opinion of the Court

WYATT, District Judge.

These are an appeal and five cross-appeals from an order of Bankruptcy Judge Babitt filed October 6, 1975.

Weis Securities, Inc. (Weis) was a broker-dealer which is now in liquidation under SIPA (15 U.S.C. § 78aaa and following). A Trustee was appointed on May 30, 1973, by this Court (15 U.S.C. § 78eee(b)(3)). See Exchange Bank v. Wyatt, 517 F.2d 453 (2d Cir. 1975). The “filing date” (15 U.S.C. § 78eee(b)(4)(B)) was May 24, 1973.

The appeal is by the Trustee; the cross-appeals are by option customers of Weis. The so-called “record on appeal” (Bankruptcy Rule 806) is made…

2Cases cited2 opinions

  1. SECURITIES AND EXCHANGE COMMISSION v. ABERDEEN SECURITIES CO., INC., Et Al. Appeal of Sherwin SELIGSOHN Et Al.Court of Appeals for the Third Circuit · 1973
  2. H. Kook & Co., Inc. And Andrew L. Wormser v. Scheinman, Hochstin & Trotta, Inc.Court of Appeals for the Second Circuit · 1969

3Cited by1 opinion

  1. Matter of North American Acceptance Corp.United States Bankruptcy Court, N.D. Georgia · 1979

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