Legal Opinion
Harris Trust & Savings Bank v. E-II Holdings, Inc.
Court of Appeals for the Seventh Circuit
Decided February 21, 1991No. 90-1095PublishedCited by 18 opinions
1Opinion of the Court
HARRINGTON WOOD, Jr., Circuit Judge.
Technically, they are high yield debt securities, but in common parlance we call them junk bonds. It is an unflattering and unwelcome appellation, due in no small part to the fact that oftentimes the securities are, quite literally, junk. See Kuhn, Junk: The Weak and the Strong, Fortune, Oct. 23, 1989, at 17. The appellants, trustees of high yield debt securities with a face value of $1.5 billion, are before this court in an attempt to assuage their fears that the worst has occurred. We cannot provide the reassurance they seek, however; we lack subject…
2Cases cited25 opinions
- Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
- Maryland Casualty Co. v. Pacific Coal & Oil Co.Supreme Court of the United States · 1941
- Morrison v. OlsonSupreme Court of the United States · 1988
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. George C. Meyer, Margaret Meyer & Edwin A. MeyerCourt of Appeals for the Seventh Circuit · 1986
- Rowe v. Great Atlantic & Pacific Tea Co.New York Court of Appeals · 1978
20 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Allied Capital Corp. v. GC-Sun Holdings, L.P.Court of Chancery of Delaware · 2006
- James P. DEVERAUX, Et Al., Plaintiffs-Appellants, v. the CITY OF CHICAGO, Defendant-AppelleeCourt of Appeals for the Seventh Circuit · 1994
- Oneida Tribe of Indians of Wisconsin v. State of Wisconsin, Tommy G. Thompson and Donald J. HanawayCourt of Appeals for the Seventh Circuit · 1991
- Geren v. Quantum Chemical Corp.District Court, S.D. New York · 1993
- Kilen v. United States (In Re Kilen)United States Bankruptcy Court, N.D. Illinois · 1991
13 more not listed; retrieve them via the Exa API.