Legal Opinion

In re Prudence Co.

District Court, E.D. New York

Decided October 17, 1938No. Nos. 27496, 27028PublishedCited by 1 opinion

1Opinion of the Court

MOSCOWITZ, District Judge.

An application was made by Brooklyn Trust Company, a creditor, for an order referring the plan of reorganization for this debtor, proposed by Reconstruction Finance Corporation, to the Securities and Exchange Commission pursuant to the provisions of the recently enacted Chandler Bill.

Since this proceeding was instituted long prior to June 22, 1938, the provisions of Chapter 10 of the new Bankruptcy Act may apply only to the extent that the Court shall deem their application practicable. Bankruptcy Act, Sec. 276 (c) (2), 11 U.S.C.A. § 676 (c) (2). Upon the argument of…

2Cited by1 opinion

  1. Securities and Exchange Commission v. Honorable Ben Krentzman, District Judge of the United States District Court for the Middle District of FloridaCourt of Appeals for the Fifth Circuit · 1968

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