Legal Opinion
In Re Thomson McKinnon Securities, Inc.
United States Bankruptcy Court, S.D. New York
Decided December 29, 1992No. 15-12956PublishedCited by 9 opinions
1Opinion of the Court
DECISION ON MOTION AS TO SENIOR OFFICERS’ AND DIRECTORS’ CLAIMS
HOWARD SCHWARTZBERG, Bankruptcy Judge.
The Chapter 11 debtor, Thomson McKin-non Securities, Inc. (“TMSI”), objects to the claims filed by seven former directors and executive officers on the ground that it has no liability for their contractual employment and fringe benefit claims because their claims should be borne solely by TMSI’s parent corporation, Thomson McKinnon Inc. (“TMI”), which is also a Chapter 11 debtor. Unlike TMSI, which denies liability for these claims, TMI admits liability to each claimant, but objects to the…
2Cases cited17 opinions
- Sillman v. Twentieth Century-Fox Film Corp.New York Court of Appeals · 1957
- Van Valkenburgh, Nooger & Neville, Inc. v. Hayden Publishing Co.New York Court of Appeals · 1972
- Schenley Distillers Corporation v. United StatesSupreme Court of the United States · 1946
- Walter E. Heller & Co. v. Video Innovations, Inc.Court of Appeals for the Second Circuit · 1984
- Wm. Passalacqua Builders, Inc. v. Resnick Developers South, Inc.Court of Appeals for the Second Circuit · 1991
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3Cited by9 opinions
- Securities Investor Protection Corp. v. Stratton Oakmont, Inc.United States Bankruptcy Court, S.D. New York · 1999
- In Re Loewen Group International, Inc.United States Bankruptcy Court, D. Delaware · 2002
- Pereira v. Nelson (In Re Trace International Holdings, Inc.)United States Bankruptcy Court, S.D. New York · 2002
- Franklin High Yield Tax-Free Income Fund v. City of Stockton (In Re City of Stockton)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2015
- North River Insurance v. Philadelphia Reinsurance Corp.District Court, D. New Jersey · 1993
4 more not listed; retrieve them via the Exa API.