Legal Opinion

In Re Manuel Kaplan, Debtor. Manuel Kaplan Arthur Liebersohn, Trustee v. First Options of Chicago, Inc. Manuel Kaplan

Court of Appeals for the First Circuit

Decided June 9, 1998No. 97-1394PublishedCited by 50 opinions

1Opinion of the Court

OPINION OF THE COURT

ALITO, Circuit Judge.

In this bankruptcy appeal, Debtor-Appellant Manuel Kaplan contests an order allowing First Options of Chicago’s proof of claim. Kaplan argues that we should reverse the order allowing the claim because First Options materially breached the contracts under which the claim arose. Concluding that First Options did not breach the parties’ contracts, the bankruptcy and district courts allowed the claim. For the reasons stated below, we reverse and remand.

I

From 1981 to 1989, Manuel Kaplan was a professional options trader on the Philadelphia Stock Exchange.…

2Cases cited52 opinions

  1. First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
  2. Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
  3. Kremer v. Chemical Construction Corp.Supreme Court of the United States · 1982
  4. McDonald v. City of West BranchSupreme Court of the United States · 1984
  5. Heiser v. WoodruffSupreme Court of the United States · 1946

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3Cited by50 opinions

  1. Paramount Aviation Corporation v. Gruppo Agusta Agusta Aerospace Corporation Costruzioni Aeronautiche Giovanni, Augusta, S.P.A. Augusta, S.P.ACourt of Appeals for the Third Circuit · 1999
  2. Fishoff v. Coty, Inc.Court of Appeals for the Second Circuit · 2011
  3. Am. Orthopedic & Sports Med. v. Independence Blue Cross Blue ShieldCourt of Appeals for the Third Circuit · 2018
  4. Primavera Familienstifung v. AskinDistrict Court, S.D. New York · 2001
  5. Sanford Investment Company, Inc. v. Ahlstrom MacHinery Holdings, IncCourt of Appeals for the Third Circuit · 1999

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