Legal Opinion

In re Commonwealth Financial Corp.

Court of Appeals for the Third Circuit

Decided February 24, 1969No. 17455PublishedCited by 3 opinions

1Opinion of the Court

OPINION OF THE COURT

2Per curiam

The present controversy has arisen during the course of a corporate reorganization proceeding under Chapter X of the Bankruptcy Act. The Securities and Exchange Commission became a party to this proceeding, as authorized by section 208 of Chapter X, 11 U.S.C. § 608, by filing and obtaining the court’s approval of its notice of appearance. Subsequently, the court authorized the trustees to conduct an examination of witnesses, including officers and directors of the debtor, as provided in section 167. 11 U.S.C. § 567. Thereafter, on petition by the trustees, the court…

3Cases cited2 opinions

  1. Securities and Exchange Commission v. Honorable Ben Krentzman, District Judge of the United States District Court for the Middle District of FloridaCourt of Appeals for the Fifth Circuit · 1968
  2. Securities and Exchange Commission v. Honorable George Templar, District Judge of the United States, District Court for the District of KansasCourt of Appeals for the Tenth Circuit · 1969

4Cited by3 opinions

  1. EF Hutton & Company v. BrownDistrict Court, S.D. Texas · 1969
  2. National Life Insurance v. Hartford Accident & Indemnity Co.Court of Appeals for the Third Circuit · 1980
  3. In the Matter of Commonwealth Financial Corporation and Its Subsidiaries, Neighborhood Finance Co., Inc., and Neighborhood Finance Co., Inc., of Pennsylvania, and Morise Thal, President of the Debtors CorporationsCourt of Appeals for the Third Circuit · 1969

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