Legal Opinion
In re Castle Beach Apartments, Inc.
Court of Appeals for the Second Circuit
Decided July 19, 1940No. 360PublishedCited by 14 opinions
1Opinion of the Court
CHASE, Circuit Judge.
The debtor owns, as practically its only assets, an apartment house in Mamaroneck, N. Y., knpwn as the Orienta 'Point Apartments. It purchased the property at a foreclosure sale which was the result of an attempt by a previous owner to reorganize the property in a proceeding under state law in the New York Supreme Court for Westchester County. The debtor, not a party to the proceedings in the state court, bought the property for $500,000 of which it paid $50,000 in cash and on August 1, 1935 gave the appellants a purchase money bond secured by a mortgage upon the…
2Cases cited2 opinions
- In Re Central Funding CorporationCourt of Appeals for the Second Circuit · 1935
- Brooklyn Trust Co. v. RembaughCourt of Appeals for the Second Circuit · 1940
3Cited by14 opinions
- In Re Bermec Corporation, Debtor, Pacar Financial Corp.Court of Appeals for the Second Circuit · 1971
- In Re Southern Land Title CorporationDistrict Court, E.D. Louisiana · 1968
- In Re Steak Loft of Oakdale, Inc.United States Bankruptcy Court, E.D. New York · 1981
- Grubbs v. PettitCourt of Appeals for the Second Circuit · 1960
- In re Blinrig Realty Corp.Court of Appeals for the Second Circuit · 1940
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