Legal Opinion
Debentureholders Protective Committee of Continental Investment Corp. v. Continental Investment Corp.
Court of Appeals for the First Circuit
Decided April 30, 1982No. Nos. 81-1741 to 81-1743 and 81-1756PublishedCited by 11 opinions
1Opinion of the Court
WYZANSKI, Senior District Judge.
These four appeals raise the issue whether the district court erred in confirming a plan of reorganization of Continental Investment Corporation [“CIC”], a solvent debtor involved in proceedings pursuant to chapter X of the Bankruptcy Act, 11 U.S.C. ch. X § 501 et seq., because the plan did not provide that CIC’s convertible debenture holders or its straight debenture holders should receive payment of interest on overdue instalments of interest.
In 1970 and 1973 CIC issued two classes of debentures which may fairly be summarized by us as follows:
1. 9%…
2Cases cited15 opinions
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- Consolidated Rock Products Co. v. Du BoisSupreme Court of the United States · 1941
- Sexton v. DreyfusSupreme Court of the United States · 1911
- City of New York v. SaperSupreme Court of the United States · 1949
- American Iron & Steel Manufacturing Co. v. Seaboard Air Line RailwaySupreme Court of the United States · 1914
10 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- 9 Collier bankr.cas.2d 1377, Bankr. L. Rep. P 69,412 in Re Boston and Maine Corporation, Debtor. Appeal of City of CambridgeCourt of Appeals for the First Circuit · 1983
- In re Boston & Maine Corp.Court of Appeals for the First Circuit · 1983
- Official Committee of Unsecured Creditors of Manville Forest Products Corp. v. Manville Forest Products Corp. (In Re Manville Forest Products Corp.)District Court, S.D. New York · 1986
- United States Trust Co. v. LTV Steel Co. (In Re Chateaugay Corp.)District Court, S.D. New York · 1994
- In Re 360 Inns, Ltd.United States Bankruptcy Court, N.D. Texas · 1987
6 more not listed; retrieve them via the Exa API.