Legal Opinion
White v. Univision of Virginia Inc.
Court of Appeals for the Fourth Circuit
Decided March 11, 2005No. 04-1262PublishedCited by 1 opinion
1Opinion of the Court
Affirmed by published opinion. Judge NIEMEYER wrote the opinion, in which Judge MICHAEL and Judge DUNCAN joined.
OPINION
NIEMEYER, Circuit Judge:
In this Chapter 7 bankruptcy of Urban Broadcasting Corporation (“UBC”), Univision of Virginia, Inc. (“Univision”), a 45% owner of UBC’s stock, filed a claim to require UBC to buy its 45% equity interest in accordance with a put/call agreement between it and UBC. Because the bankruptcy estate had approximately $17.5 million in it after all creditors, except Uni-*239vision, had been paid, Univision’s shares were worth about $7.86 million. Allowing…
2Cases cited15 opinions
- Coopers & Lybrand v. LivesaySupreme Court of the United States · 1978
- Yakus v. United StatesSupreme Court of the United States · 1944
- Freytag v. CommissionerSupreme Court of the United States · 1991
- In Re Varat Enterprises, Inc., Debtor. First Union Commercial Corporation v. Nelson, Mullins, Riley and ScarboroughCourt of Appeals for the First Circuit · 1996
- In the Matter of Harry Fondiller, Debtor. Rosalyn Fondiller v. Jerome E. RobertsonCourt of Appeals for the Ninth Circuit · 1983
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3Cited by1 opinion
- In Re: Urban Broadcasting Corporation, Debtor. Theodore M. White v. Univision of Virginia Incorporated, Stanley M. Salus, Trustee-Appellee, and U.S. Trustee, Party-In-InterestCourt of Appeals for the Fourth Circuit · 2005