Legal Opinion

In Re Ira Haupt & Co.

District Court, S.D. New York

Decided August 11, 1964PublishedCited by 16 opinions

1Opinion of the Court

PALMIERI, District Judge.

This litigation arose out of the financial disaster which befell Ira Haupt & Co. (Haupt) as a result of the so-called salad oil scandal in November 1963. The facts are substantially as follows: Haupt was a limited partnership with sixteen general partners and thirteen limited partners. It was engaged in a general brokerage and commission business with its principal place of business in New York City, with a number of branches throughout the country, and utilizing the services of approximately seven hundred employees. Morton Kamerman, a general partner, was, under the…

2Cases cited3 opinions

  1. William Esbitt, as Receiver of the Assets and Property of First Discount Corp. v. Dutch-American Mercantile Corp.Court of Appeals for the First Circuit · 1964
  2. In Re Pure Penn Petroleum Co., Inc. In Re SheehanCourt of Appeals for the Second Circuit · 1951
  3. In Re Latham Lithographic CorporationCourt of Appeals for the Second Circuit · 1939

3Cited by16 opinions

  1. Harvey R. Miller, as Trustee in Bankruptcy of Ira Haupt & Co., a Limited Partnership, Bankrupt v. New York Produce ExchangeCourt of Appeals for the Second Circuit · 1977
  2. Seligson v. New York Produce ExchangeDistrict Court, S.D. New York · 1975
  3. Charles Seligson, Trustee in Bankruptcy of Ira Haupt & Co., a Limited Partnership, Bankrupt v. Lester William RothCourt of Appeals for the Ninth Circuit · 1968
  4. In Re Ira Haupt & CompanyDistrict Court, S.D. New York · 1969
  5. In the Matter of Ira Haupt & Co., a Limited Partnership, Bankrupt. One Estate, Inc. v. The Chase Manhattan Bank, (Two Cases). One Estate, Inc. v. Milbank, Tweed, Hadley & McCloyCourt of Appeals for the Second Circuit · 1967

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