Legal Opinion
Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.
Supreme Court of the United States
Decided April 1, 1935No. 479 and 480PublishedCited by 570 opinions
1Opinion of the CourtJustice Sutherland
On June 7, 1933, The Chicago, Rock Island & Pacific Railway Co. filed a petition seeking a reorganization under § 77 of the Bankruptcy Act, in the federal District Court for the Northern District of Illinois, Eastern Division, alleging that it was “ unable to meet its debts as they mature.” Nine of the debtor’s subsidiaries thereafter joined in the proceedings as permitted by subdivision (a) of the section. On September 26, 1933, the debtor filed a petition for instructions which alleged that it had outstanding collateral notes secured by mortgage bonds, part of which were issued by it, part…
2Cases cited30 opinions
- Local Loan Co. v. HuntSupreme Court of the United States · 1934
- Calder v. BullSupreme Court of the United States · 1798
- Patton v. United StatesSupreme Court of the United States · 1930
- Kline v. Burke Construction Co.Supreme Court of the United States · 1922
- Dimick v. SchiedtSupreme Court of the United States · 1935
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3Cited by570 opinions
- Regional Rail Reorganization Act CasesSupreme Court of the United States · 1974
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- Kolstad v. American Dental Assn.Supreme Court of the United States · 1999
- Federal Trade Commission v. Dean Foods Co.Supreme Court of the United States · 1966
- Grosjean v. American Press Co.Supreme Court of the United States · 1936
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