Legal Opinion

Matter of Israel-British Bank (London) Limited

District Court, S.D. New York

Decided October 10, 1975No. 74 Bkcy 1322PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM

LASKER, District Judge.

This bankruptcy appeal raises an issue of first impression, which is of great significance to the international banking community. The economic interdependence among nations and the role of international banking in national and international affairs has evolved dramatically in this century. It is therefore understandable that when Congress in 1898 and 1910 specified in § 4 of the Bankruptcy Act who may and may not be adjudicated a bankrupt, it did not specifically address the question before us:' Does the Bankruptcy Court have jurisdiction to entertain a…

2Cases cited42 opinions

  1. United States v. American Trucking AssociationsSupreme Court of the United States · 1940
  2. Helvering v. HallockSupreme Court of the United States · 1940
  3. United States v. Trans-Missouri Freight Assn.Supreme Court of the United States · 1897
  4. Schwegmann Bros. v. Calvert Distillers Corp.Supreme Court of the United States · 1951
  5. Lynch v. OverholserSupreme Court of the United States · 1962

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3Cited by4 opinions

  1. First American Bank & Trust Co. v. GeorgeCourt of Appeals for the Eighth Circuit · 1976
  2. Israel-British Bank (London) Ltd. v. Federal Deposit InsuranceCourt of Appeals for the Second Circuit · 1976
  3. In The Matter Of Israel-British Bank (London) LimitedCourt of Appeals for the Second Circuit · 1976
  4. In Re First American Bank & Trust CompanyCourt of Appeals for the First Circuit · 1976

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