Legal Opinion
In the Matter of Supermercados San Juan, Inc., Bankrupt. Appeal of Pueblo Wholesale Co., Inc.
Court of Appeals for the First Circuit
Decided May 2, 1978No. 77-1301PublishedCited by 13 opinions
1Opinion of the Court
COFFIN, Chief Judge.
On March 17, 1970 officials of Supermer-cados San Juan, Inc. endorsed two promissory notes of which Supermercados was payee to the order of appellant, Pueblo Wholesale Co., Inc. (hereafter Pueblo). The notes were endorsed and delivered to appellant pursuant to a pledge agreement executed on the same day. Under the terms of the agreement the notes were to serve as a guarantee or collateral for an antecedent debt of $46,694.61 owed to appellant by Supermercados. The pledge agreement was for a term of one year.
Supermercados filed a petition in bankruptcy on March 29, 1971,…
2Cases cited13 opinions
- Corn Exchange National Bank & Trust Co. v. KlauderSupreme Court of the United States · 1943
- King-Porter Company v. ScanlonCourt of Appeals for the Fifth Circuit · 1971
- In the Matter of E. A. Fretz Company, Inc., Bankrupt. Republic National Bank of Dallas v. Carl S. Fitzgerald, TrusteeCourt of Appeals for the Fifth Circuit · 1978
- Pittman v. Union Planters Nat. Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1941
- Grouse Creek Ranches v. Budget Financial Corp.Nevada Supreme Court · 1971
8 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- In Re SANTOS & NIEVES, INC., and Frigorifico Economias, Inc., Debtors. Appeal of Rafael OCASIOCourt of Appeals for the First Circuit · 1987
- Wiscovitch-Rentas v. Banco Popular De Puerto Rico (In re Rivera)Bankruptcy Appellate Panel of the First Circuit · 2019
- Federal Deposit Insurance Corporation, Cross-Plaintiff v. Shearson-American Express, Inc., Cross-Defendants, Banco Cooperativo De Puerto Rico, Intervenor, Federal Deposit Insurance Corporation, Cross-Plaintiff v. Shearson-American Express, Inc., Cross-Defendants, Prudential Bache Securities, Inc., IntervenorCourt of Appeals for the First Circuit · 1993
- Hoyos Precsas v. Banco De Ponce (In Re Hoyos Precsas)United States Bankruptcy Court, D. Puerto Rico · 1987
- Fuste v. Eurobank & Trust Co. (In re Almacenes Gigante, Inc.)District Court, D. Puerto Rico · 1993
8 more not listed; retrieve them via the Exa API.