Legal Opinion

In Re THC Financial Corp.

District Court, D. Hawaii

Decided December 27, 1977No. 76-0493 and 76-0512PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM DECISION *

ON(1) THCF AMENDED MOTION TO REJECT EXECUTORY CONTRACTS FOR INDEMNITY OF OFFICERS AND DIRECTORS OR FOR ALTERNATIVE RELIEF,

AND(2) THC AMENDED APPLICATION TO DETERMINE STATUS OF CLAIMS OF OFFICERS AND DIRECTORS FOR INDEMNITY, COSTS, AND EXPENSES

PENCE, District Judge.

Both The Hawaii Corporation (THC) and THC Financial Corporation (THCF) are Debtors under Chapter X of the Bankruptcy Act. Their respective Trustees are now before the court regarding indemnification agreements in each corporation’s Articles and elsewhere between the corporation and its officers and directors. In…

2Cases cited4 opinions

  1. In the Matter of Unishops, Inc. And Middletown Center, Inc., DebtorsCourt of Appeals for the Second Circuit · 1976
  2. In the Matter of Computer Utilization, Inc., Bankrupt. John A. Pace v. Computer Utilization, Inc.Court of Appeals for the Fifth Circuit · 1975
  3. In Re San Francisco Bay ExpositionDistrict Court, N.D. California · 1943
  4. Matter of Unishops, Inc.District Court, S.D. New York · 1975

3Cited by4 opinions

  1. Matter of Baldwin-United Corp.District Court, S.D. Ohio · 1984
  2. In Re Thc Financial Corp.Court of Appeals for the Ninth Circuit · 1982
  3. Gibson v. Resolution Trust Corp.District Court, S.D. Florida · 1990
  4. Employees' Retirement System of Hawaii v. OsborneCourt of Appeals for the Ninth Circuit · 1982

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