Legal Opinion
In Re Island Park Associates, Inc.
Court of Appeals for the Second Circuit
Decided May 6, 1935No. 412PublishedCited by 8 opinions
1Opinion of the Court
MANTON, Circuit Judge.
The Island Park Associates, Inc., a debt- or, filed a petition in bankruptcy for reorganization under section 77B of the Bankruptcy Act (11 USCA § 207). The petition was approved and permanent trustees were appointed. The corporation owned or controlled five properties, one of which is involved in this appeal. That property consists of 1,751 lots, 245 of which are under contracts of sale for $301,783.66; the remainder are unsold. There was a blanket mortgage, on which the sum of $1,225,013 is due and unpaid. Originally it was for $1,975,000. There are arrears of taxes…
2Cases cited5 opinions
- Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
- Metropolitan Life Ins. v. Murel Holding Corp.Court of Appeals for the Second Circuit · 1935
- In Re Greyling Realty CorporationCourt of Appeals for the Second Circuit · 1935
- Coney Island Hotel Corp. v. Van SchaickCourt of Appeals for the Second Circuit · 1935
- Chase Nat. Bank v. 235 West 46th Street Co.Court of Appeals for the Second Circuit · 1935
3Cited by8 opinions
- United States v. PaddockCourt of Appeals for the Fifth Circuit · 1949
- Federal Land Bank of Springfield v. HansenCourt of Appeals for the Second Circuit · 1940
- Milwaukee Postal Bldg. Corporation v. McCannCourt of Appeals for the Eighth Circuit · 1938
- In Re Maier Brewing Co.District Court, S.D. California · 1941
- In Re Georgian Hotel CorporationCourt of Appeals for the Seventh Circuit · 1936
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