Legal Opinion

In re American Guaranty Corp.

District Court, D. Rhode Island

Decided September 11, 1963No. 63B17PublishedCited by 3 opinions

1Opinion of the Court

DAY, District Judge.

American Guaranty Corporation (hereafter called “the debtor”) on January 18, 1963 filed a petition for an arrangement under Chapter XI of the Bankruptcy Act. On January 25, 1963 a statement of affairs and schedules was filed by the debtor and a receiver of its property was appointed by the Referee in Bankruptcy. Subsequently, on May 24, 1963 the Securities and Exchange Commission (hereafter called the SEC) moved under the provisions of Section 328 of the Bankruptcy Act, 11 U.S.C.A. § 728,1 to dismiss said petition unless said petition is amended or a new petition is filed…

2Cases cited5 opinions

  1. Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
  2. General Stores Corp. v. ShlenskySupreme Court of the United States · 1956
  3. Grayson-Robinson Stores, Inc., Debtor-Appellee v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1963
  4. In the Matter of Transvision, Inc., Debtor-Appellee. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1955
  5. In the Matter of Lea Fabrics, Inc., Debtor. Securities and Exchange CommissionCourt of Appeals for the Third Circuit · 1960

3Cited by3 opinions

  1. Securities and Exchange Commission v. Crumpton Builders, Inc.Court of Appeals for the Fifth Circuit · 1964
  2. Securities and Exchange Commission v. Harry H. Burton, ReceiverCourt of Appeals for the First Circuit · 1965
  3. In re American Guaranty Corp.District Court, D. Rhode Island · 1965

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