Legal Opinion
Certified Class in the Charter Securities Litigation v. Charter Co. (In re Charter Co.)
Court of Appeals for the Eleventh Circuit
Decided June 28, 1989No. 88-3303PublishedCited by 9 opinions
1Opinion of the Court
ANDERSON, Circuit Judge:
This case poses the question of whether proofs of claim in bankruptcy may be filed on behalf of a class of claimants, rather than being required individually of each claimant. We hold that class proofs of claim are valid.
I. BACKGROUND
On April 5, 1984, the appellants in this case initiated suit against the appellee, the Charter Company (“Charter”), and against its officers and directors. In re Charter Securities Litigation, No. 84-448-CIV-J-12 (M.D.Fla.). The action sought damages based on violations of federal securities law, on behalf of the named plaintiffs and a…
2Cases cited39 opinions
- Marbury v. MadisonSupreme Court of the United States · 1803
- Califano v. YamasakiSupreme Court of the United States · 1979
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Kelly v. RobinsonSupreme Court of the United States · 1986
- Deposit Guaranty National Bank v. RoperSupreme Court of the United States · 1980
34 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- In Re Best Products Co., Inc.United States Bankruptcy Court, S.D. New York · 1992
- State v. TroxellTennessee Supreme Court · 2002
- Jeffrey J. Thompkins v. Lil' Joe Records, Inc.Court of Appeals for the Eleventh Circuit · 2007
- Houbigant, Inc. v. ACB Mercantile, Inc. (In Re Houbigant, Inc.)United States Bankruptcy Court, S.D. New York · 1995
- Kahler v. FIRSTPLUS Financial, Inc. (In Re FIRSTPLUS Financial, Inc.)United States Bankruptcy Court, N.D. Texas · 2000
4 more not listed; retrieve them via the Exa API.