Legal Opinion

In Re Commonwealth Financial Corporation

District Court, E.D. Pennsylvania

Decided July 11, 1968No. 30108PublishedCited by 5 opinions

1Opinion of the Court

OPINION

JOHN MORGAN DAVIS, District Judge.

Under authority of Section 167 of the Bankruptcy Act, 11 U.S.C. § 567, the trustees in this Chapter X proceeding were granted leave to investigate the “Acts, conduct, property, liabilities and financial condition of the debtors”, to include an examination of the “directors and officers of the debtors.” 1 Subsequently, the Securities and Exchange Commission (S.E.C.) was authorized to participate and assist in the aforementioned investigation. 2

We have since been apprised by the petitioner that the S.E.C. has apparently been conducting a separate and…

2Cases cited16 opinions

  1. In Re GAULTSupreme Court of the United States · 1967
  2. Murphy v. Waterfront Commission of New York HarborSupreme Court of the United States · 1964
  3. United States v. SullivanSupreme Court of the United States · 1927
  4. Communist Party of United States v. Subversive Activities Control Bd.Supreme Court of the United States · 1961
  5. United States v. BirrellDistrict Court, S.D. New York · 1967

11 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. National Life Insurance Company v. Hartford Accident And Indemnity CompanyCourt of Appeals for the Third Circuit · 1980
  2. National Life Insurance v. Hartford Accident & Indemnity Co.Court of Appeals for the Third Circuit · 1980
  3. In Re J.M v. Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1988
  4. Bandes v. Klimowski, Pennsylvania Court of Common Pleas, Fayette County1977
  5. In re Commonwealth Financial Corp.District Court, E.D. Pennsylvania · 1968

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