Legal Opinion
In Re Keeshin Freight Lines, Inc.
District Court, N.D. Illinois
Decided September 26, 1949No. 46 B 26PublishedCited by 2 opinions
1Opinion of the Court
LA BUY, District Judge.
On April 14, 1949, two amended plans of reorganization were filed before the court. One is the Trustees’ Alternate Plan, known as the Walker Plan, which provides for a sale of the assets at not less than a fair upset price to be fixed by the court. As part of said plan, D. D. Walker and associates guarantee to make a minimum cash bid of $1,410,000. That plan provides, upon approval by the court of the sale under said plan, that if the Walker group was the highest bidder at the sale, they would pay the sum of $1,410,000 in cash and the entire amount received under said…
2Cases cited6 opinions
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Consolidated Rock Products Co. v. Du BoisSupreme Court of the United States · 1941
- Group of Institutional Investors v. Chicago, M., St. P. & P.R. Co., and 9 Other CasesSupreme Court of the United States · 1943
- Dudley v. MealeyCourt of Appeals for the Second Circuit · 1945
- In Re Barlum Realty Co.District Court, E.D. Michigan · 1945
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3Cited by2 opinions
- In Re Mirant Corp.United States Bankruptcy Court, N.D. Texas · 2005
- In Re Imperial '400' National Inc.District Court, D. New Jersey · 1974