Legal Opinion
Valley National Bank v. Trustee for Westgate-California Corp.
Court of Appeals for the Ninth Circuit
Decided May 30, 1979No. Nos. 77-3388, 78-1227 and 77-3662PublishedCited by 3 opinions
1Opinion of the Court
JAMES M. CARTER, Circuit Judge:
These consolidated appeals seek to negate the effects of a merger between Air California, Inc., and Westgate-Wacco, Inc., (hereafter Wacco). The former was a publicly-held corporation, 81% of the stock of which was owned by the Westgate-Califor-nia Corporation (hereafter Westgate), and the latter was a new, wholly-owned subsidiary of Westgate. The merger was sought by Curvin J. Troné, Jr. and Herbert Kunzel in their capacities as trustees in bankruptcy for Westgate, a holding company involved in reorganization proceedings under Chapter X of the Bankruptcy Act,…
2Cases cited15 opinions
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Jones v. H. F. Ahmanson & Co.California Supreme Court · 1969
- In the Matter of Combined Metals Reduction Company, Debtor (Ten Cases). Irving Bennett v. Paul Gemmill, Trustee, (Four Cases). Irving Bennett v. W. Lamonte Robison, Trustee, (Four Cases). Irving Bennett v. Paul Gemmill, Trustee, Jeremiah Milbank, and Milbank & Co., Irving Bennett, Entrada Industries, Inc. (Wasatch Chemical Division), Charles A. Steen, Individually, Charles A. Steen, as Custodian for His Sons and Heirs, and Charles A. Steen on Behalf of the Steen Foundation v. Paul Gemmill, TrusteeCourt of Appeals for the Ninth Circuit · 1977
- Fed. Sec. L. Rep. P 94,405 Joe L. Smallwood v. Pearl Brewing Company, Southdown, Inc., Zapata Norness, Inc., Albert J. Rangeand D. Doyle MizeCourt of Appeals for the Fifth Circuit · 1974
- Kohn v. American Metal Climax, Inc.Court of Appeals for the Third Circuit · 1972
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3Cited by3 opinions
- In Re Income Property Builders, Inc., Debtor. Armel Laminates, Inc. v. The Lomas & Nettleton CompanyCourt of Appeals for the Ninth Circuit · 1983
- Fed. Sec. L. Rep. P 94,020 Richard Lessler v. Arthur D. LittleCourt of Appeals for the First Circuit · 1988
- The Valley National Bank of Arizona v. Trustee for Westgate-California Corporation, Roy B. Woolsey v. Trustee for Westgate-California Corporation, C. Neil & Elaine T. Ash v. Trustee for Westgate-California CorporationCourt of Appeals for the Ninth Circuit · 1979