Legal Opinion
United States v. Royal Business Funds Corporation
Court of Appeals for the Second Circuit
Decided December 8, 1983No. 1554, Docket 83-6101PublishedCited by 17 opinions
1Opinion of the Court
WINTER, Circuit Judge:
The Royal Business Funds Corporation (“Royal”) appeals from Judge Conner’s order staying its Chapter 11 bankruptcy proceeding. 29 B.R. 777. Royal contends that it has an absolute right to file a petition in bankruptcy notwithstanding its consent to a Stipulation'and Order appointing the Small Business Administration (“SBA”) as a receiver and limiting the powers of Royal’s board of directors. We affirm.
BACKGROUND
Royal is a small business investment company (“SBIC”) licensed by the SBA to provide capital to small businesses. From 1962 through 1978, Royal and its…
2Cases cited7 opinions
- William Esbitt, as Receiver of the Assets and Property of First Discount Corp. v. Dutch-American Mercantile Corp.Court of Appeals for the First Circuit · 1964
- In Re Prudence Co.Court of Appeals for the Second Circuit · 1935
- In re Yaryan Naval Stores Co.Court of Appeals for the Sixth Circuit · 1914
- Securities & Exchange Commission v. Lincoln Thrift Association, and Fred Thender, Depositors-AppellantsCourt of Appeals for the Ninth Circuit · 1978
- United States of America and Mortimer Todel, as Receiver of the Funds, Assets and Property of Roosevelt Capital Corporation v. Franklin National BankCourt of Appeals for the Second Circuit · 1975
2 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Securities & Exchange Commission v. ByersCourt of Appeals for the Second Circuit · 2010
- Securities & Exchange Commission v. ByersDistrict Court, S.D. New York · 2008
- Central Mortgage & Trust, Inc. v. State (In Re Central Mortgage & Trust, Inc.)District Court, S.D. Texas · 1985
- Fisher v. Bank Leumi Trust Co. of New York (In Re MacFarlane Webster Associates)United States Bankruptcy Court, S.D. New York · 1990
- United States v. Fairway Capital Corp.District Court, D. Rhode Island · 2006
12 more not listed; retrieve them via the Exa API.