Legal Opinion

In Re Proceedings for an Arrangement Under Chapter XI of the Bankruptcy Act of General Stores Corp.

District Court, S.D. New York

Decided January 24, 1955PublishedCited by 12 opinions

1Opinion of the Court

DIMOCK, District Judge.

On October 18, 1954, General Stores Corporation, the Debtor, filed a petition in this court under section 322 of the Bankruptcy Act, 11 U.S.C. § 722, proposing an arrangement under Chapter XI of the Act. A stockholder, Max Shlensky, has moved by order to show cause under section 328 of the Act, 11 U.S.C. § 728, for a dismissal of the proceedings unless the petition be amended so as to comply with Chapter X. The Securities and Exchange Commission has moved for leave to intervene and to support a motion which it has filed for the same relief as asked by the stockholder.

The…

2Cases cited3 opinions

  1. Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
  2. In the Matter of Transvision, Inc., Debtor-Appellee. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1955
  3. In re Transvision, Inc.District Court, S.D. New York · 1953

3Cited by12 opinions

  1. Lewis J. Ruskin, Collateral Trustee v. Charles H. Griffiths, Trustee in ReorganizationCourt of Appeals for the Second Circuit · 1959
  2. General Stores Corp. v. ShlenskySupreme Court of the United States · 1956
  3. Grayson-Robinson Stores, Inc., Debtor-Appellee v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1963
  4. General Stores Corporation, Debtor-Appellant v. Max Shlensky and Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1955
  5. In Re General Stores CorporationDistrict Court, S.D. New York · 1958

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