Legal Opinion
Securities & Exchange Commission v. Peoples Loan & Investment Co. of Fort Smith
Court of Appeals for the Eighth Circuit
Decided April 23, 1969No. 19567PublishedCited by 1 opinion
1Opinion of the Court
FLOYD R. GIBSON, Circuit Judge.
The Securities and Exchange Commission, pursuant to § 328 of the Bankruptcy *853Act, 11 U.S.C. § 728 intervened in this Chapter XI Bankruptcy proceeding and moved the District Court for an order dismissing the Chapter XI proceeding unless the petition be amended by the debtor to comply with the requirements of a Chapter X proceeding. The basis of the motion was that only a Chapter X proceeding would provide the proper method for protecting the public debt holders (depositors) of the debtor. The District Court denied the motion on the basis that a proposed…
2Cases cited7 opinions
- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- Securities & Exchange Commission v. American Trailer Rentals Co.Supreme Court of the United States · 1965
- General Stores Corp. v. ShlenskySupreme Court of the United States · 1956
- Grayson-Robinson Stores, Inc., Debtor-Appellee v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1963
2 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- In The Matter Of Peoples Loan & Investment Company Of Fort Smith, DebtorCourt of Appeals for the Eighth Circuit · 1969