Legal Opinion
Penn Cent. Tr. Co. v. National City Bank of Cleveland, Ohio
District Court, E.D. Pennsylvania
Decided August 5, 1970No. 70-347PublishedCited by 20 opinions
1Opinion of the Court
OPINION
FULLAM, District Judge.
On June 21,1970, this Court, per Kraft, J., entered an order approving the petition of the Penn Central Transportation Company for reorganization under section 77 of the Bankruptcy Act (11 U.S.C. § 205, et seq.). Paragraph 10 of the Order (Order No. 1) provided in part as follows:
“10. All persons, firms and corporations * * * holding for the account of the debtor deposit balances * * * hereby are restrained and enjoined * ■"•* * from offsetting the same * * * against any obligation of the debtor, until further order of this Court.”
The Order further provided, in…
2Cases cited7 opinions
- Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
- May v. HendersonSupreme Court of the United States · 1925
- Lowden v. Northwestern National Bank & Trust Co.Supreme Court of the United States · 1936
- Harris v. Avery Brundage Co.Supreme Court of the United States · 1938
- Susquehanna Chemical Corp. v. Producers Bank & Trust Co.Court of Appeals for the Third Circuit · 1949
2 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Baker v. Gold Seal Liquors, Inc.Supreme Court of the United States · 1974
- In Re Penn Central Transportation Co.District Court, E.D. Pennsylvania · 1978
- Tradex, Inc. v. United States (In Re IML Freight, Inc.)United States Bankruptcy Court, D. Utah · 1986
- In re Penn Central Transportation Co.Court of Appeals for the Third Circuit · 1971
- Lehigh and Hudson River Railway Company v. TroianoCourt of Appeals for the Second Circuit · 1972
15 more not listed; retrieve them via the Exa API.