Legal Opinion
Diversified Development Corp. v. Security Trust Co.
Court of Appeals for the Seventh Circuit
Decided February 4, 1965No. 14648PublishedCited by 1 opinion
1Opinion of the Court
KNOCH, Circuit Judge.
This is an appeal from portions of a judgment entered April 15, 1964, which sustained and approved a petition for reorganization under Chapter X of the Bankruptcy Act insofar as it held that Security Trust Company, a corporation, has a provable claim and is entitled to the rights of a petitioning creditor under Chapter X.
The corporate debtor involved is Diversified Development Corporation, an Illinois corporation (sometimes hereinafter called “Diversified”). The petitioning creditors included Security Trust Company, a Missouri banking corporation (sometimes hereinafter…
2Cases cited5 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Woods v. Interstate Realty Co.Supreme Court of the United States · 1949
- In the Matter of Leeds Homes, Inc. O. M. Tate, Jr., Trustee v. National Acceptance Company of AmericaCourt of Appeals for the Sixth Circuit · 1964
- In Re V-I-D, Inc. Kelley, Glover & Vale, Inc. v. KramerCourt of Appeals for the Seventh Circuit · 1952
- O'MALLEY v. Bank of MontrealAppellate Court of Illinois · 1953
3Cited by1 opinion
- In The Matter Of Diversified Development Corporation, DebtorCourt of Appeals for the Seventh Circuit · 1965