Legal Opinion

Hawaiian Investors v. Thorndal

Court of Appeals for the Eighth Circuit

Decided November 5, 1969No. 19415PublishedCited by 1 opinion

1Opinion of the Court

BRIGHT, Circuit Judge.

On this appeal, we consider the propriety of a judgment on counterclaims aggregating more than $165,000.00 entered by the referee in bankruptcy and confirmed by the district court against appellants, called Hawaiian Investors. We have jurisdiction. Bankruptcy Act, § 24, 11 U.S.C. § 47.

Prior to 1959, some 267 residents of Hawaii, looking for profit in North Dakota oil, separately entered into contracts with Petroleum Corporation of America (PCA), a Colorado corporation then doing business in North Dakota, whereby PCA agreed to assign to each Investor a percentage interest…

2Cases cited25 opinions

  1. Lewis v. Manufacturers National Bank of DetroitSupreme Court of the United States · 1961
  2. Kerr Steamship Co. v. United StatesSupreme Court of the United States · 1962
  3. Grainger v. AntoyanCalifornia Supreme Court · 1957
  4. Melville Harris, as Trustee in Bankruptcy of Leonard Massello and William Massello v. Standard Accident and Insurance CompanyCourt of Appeals for the Second Circuit · 1961
  5. American Pipe & Steel Corporation v. Firestone Tire & Rubber CompanyCourt of Appeals for the Ninth Circuit · 1961

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3Cited by1 opinion

  1. Petroleum Corporation of America v. ThorndalCourt of Appeals for the Eighth Circuit · 1969

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