Compass Investment Group v. Maidman
Court of Appeals for the Second Circuit
1Opinion of the Court
LUMBARD, Circuit Judge:
Debtor Land Trust No. 2, through its trustee Richard H. M. Maidman, sought the protection of Chapter XII of the Bankruptcy Act of 1898, §§ 401 et seq., 11 U.S.C. §§ 801 et seq. (1976)1 over the objection of mortgagee Compass Investment Group that land trusts could not file for bankruptcy relief. Bankruptcy Judge Lewittes held that land trusts could file under the Act, 2 B.R. 569, 5 B.C.D. 1334 (S.D.N.Y. 1980). The district court affirmed in an unpublished order (Motley, J.). We affirm.
The Chapter XII petition, the documentary record and the bankruptcy court’s opinions…
2Cases cited13 opinions
- United States v. KrasSupreme Court of the United States · 1973
- Young v. Higbee Co.Supreme Court of the United States · 1945
- Central Trust Co. v. Official Creditors' Committee of Geiger Enterprises, Inc.Supreme Court of the United States · 1982
- American Surety Co. of NY v. MarottaSupreme Court of the United States · 1933
- In Re Cushman Bakery and Cushman Baking Company. Appeal of Jacob Agger, TrusteeCourt of Appeals for the First Circuit · 1976
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3Cited by7 opinions
- In Re Dock of the Bay, Inc.United States Bankruptcy Court, E.D. New York · 1982
- In Re Standard Tank Cleaning Corp.United States Bankruptcy Court, E.D. New York · 1991
- 5 Collier bankr.cas.2d 1495, Bankr. L. Rep. P 68,498Court of Appeals for the Second Circuit · 1975
- In Re: Maximo MorilloDistrict Court, S.D. New York · 2020
- In re: Ricky Mott v. RGN-New York XXX, LLC by its agent Regus Management Group, LLCDistrict Court, S.D. New York · 2026
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