Legal Opinion

Pyramid Investments Co. v. Palmquist

Court of Appeals for the Ninth Circuit

Decided March 29, 1977No. 75-3349PublishedCited by 3 opinions

1Opinion of the Court

KENNEDY, Circuit Judge:

In Chapter XI proceedings, creditors who file proofs of claim within thirty days after notice by mail that a plan of arrangement has been confirmed may participate in the plan, to the extent their claims were scheduled by the debtor. Bankruptcy Act § 355, 11 U.S.C. § 755a. The question in this case is whether this statutory right to file a late proof of claim extends to creditors who are scheduled by the debtors as secured parties, but who filed their proof of claim after confirmation of the plan of arrangement.

The debtors are Pyramid Investment Company (Pyramid) and…

2Cases cited6 opinions

  1. American Anthracite & Bituminous Coal Corp. v. Leonardo Arrivabene, S.A., Tramp Tankers Corporation of Liberia and Estate of Hector C. DracoulisCourt of Appeals for the Second Circuit · 1960
  2. R.I.D.C. Industrial Development Fund v. P. L. SnyderCourt of Appeals for the Fifth Circuit · 1976
  3. In Re Everick Art CorporationCourt of Appeals for the Second Circuit · 1930
  4. In the Matter of Law Research Service, Inc. v. John Herbert CrookCourt of Appeals for the Second Circuit · 1975
  5. United States v. National Furniture Company, Inc.Court of Appeals for the Eighth Circuit · 1965

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3Cited by3 opinions

  1. Bedford Construction Corp. v. Plan Committee of Regional Building Systems, Inc. (In re Regional Building Systems, Inc.)Court of Appeals for the Fourth Circuit · 2003
  2. In Re Regional Building Systems, Incorporated, Debtor. Bedford Construction Corporation, Creditor-Appellant v. The Plan Committee of Regional Building Systems, Incorporated, Debtor-AppelleeCourt of Appeals for the Fourth Circuit · 2003
  3. Pyramid Investments Co. v. PalmquistCourt of Appeals for the Ninth Circuit · 1977

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