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