Legal Opinion
Reading Hotel Corp. v. Protective Committee for First Mortgage Bondholders of Reading Hotel Corp.
Court of Appeals for the Third Circuit
Decided March 17, 1937No. 6190-6195PublishedCited by 5 opinions
1Opinion of the Court
BUFFINGTON, Circuit Judge.
These appeals concern a reorganization plan of the- Reading Hotel Corporation which was recommended by a master and approved by the court below in an opinion which thoroughly discussed the questions involved. (D.C.) 15 F.Supp. 527. Reference to it avoids needless restatement by us.
The hotel property, owned by the corporation, was subject to a first and second mortgage which, with accrued interest, in default, and taxes, netted some $1,700,000, while the value of the property, with furniture added, was some $1,300,000. It is quite evident that the stockholders have no…
2Cases cited2 opinions
- In Re Realty FoundationCourt of Appeals for the Second Circuit · 1935
- In re Reading Hotel Corp.District Court, E.D. Pennsylvania · 1936
3Cited by5 opinions
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Price v. Spokane Silver & Lead Co.Court of Appeals for the Eighth Circuit · 1938
- Sophian v. Congress Realty Co.Court of Appeals for the Eighth Circuit · 1938
- Schnader v. Reading Hotel Corp.Court of Appeals for the Third Circuit · 1939
- In re Reading Hotel Corp.District Court, E.D. Pennsylvania · 1938