Legal Opinion
In re Cities Service Co.
District Court, D. Delaware
Decided June 10, 1947No. Civil Action No. 1028PublishedCited by 7 opinions
1Opinion of the Court
LEAHY, District Judge.
At the hearing, I approved the plan from the bench, but informed counsel that I would file a memorandum on the question whether the preferred should receive debentures in the principal amount sufficient to cover their liquidating claim which includes the redemption figure. I túrn now to a consideration of this feature of the plan.
The test always in these cases is whether the proposed plan is- fair and equitable to the security holders affected by it. As I pointed out in In the Matter of Interstate Power Company, D.C.Del., 71 F.Supp. 164, but which still does not seem to…
2Cases cited7 opinions
- Group of Institutional Investors v. Chicago, M., St. P. & P.R. Co., and 9 Other CasesSupreme Court of the United States · 1943
- Otis & Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1945
- In Re Securities and Exchange CommissionCourt of Appeals for the Third Circuit · 1944
- In Re United Light & Power Co.District Court, D. Delaware · 1943
- In Re Consolidated Electric & Gas Co.District Court, D. Delaware · 1944
2 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Cities Service Company, Plaintiff-Appellee-Appellant v. United States of America, Defendant-Appellant-AppelleeCourt of Appeals for the Second Circuit · 1975
- In re Engineers Public Service Co.Court of Appeals for the Third Circuit · 1948
- Cities Service Company v. United StatesDistrict Court, S.D. New York · 1970
- In re Central States Power & Light Corp.District Court, D. Delaware · 1947
- Cities Service Co. v. United StatesDistrict Court, S.D. New York · 1978
2 more not listed; retrieve them via the Exa API.