Legal Opinion
In the Matters of Webcor, Inc., an Illinois Corporation, Bankrupt, Webcor Sales Company, a New Jersey Corporation, Bankrupt
Court of Appeals for the Seventh Circuit
Decided March 14, 1968No. 16572-16577_1PublishedCited by 42 opinions
1Opinion of the Court
SWYGERT, Circuit Judge.
In these appeals, certain creditors and shareholders of Webcor, Incorporated and Webcor Sales Company, bankrupts, 1 primarily challenge orders of the Referee in Bankruptcy both refusing to set aside an order of adjudication and to reinstate Chapter XI proceedings and confirming the sale of the bankrupts’ assets to International Fastener Research Corporation (hereafter I.F.R.C.). 2 The principal question posed by the appellants is whether the referee abused his discretion in proceeding to liquidate these corporations in bankruptcy rather than allowing them to attempt to…
2Cases cited12 opinions
- Securities & Exchange Commission v. American Trailer Rentals Co.Supreme Court of the United States · 1965
- Bramblett v. United StatesSupreme Court of the United States · 1956
- In Re Pure Penn Petroleum Co., Inc. In Re SheehanCourt of Appeals for the Second Circuit · 1951
- In the Matter of Acme Furnace Fitting Company, a Corporation, Bankrupt. Eusebius J. Biggs v. Gerald P. Grace, as Trustee in BankruptcyCourt of Appeals for the Seventh Circuit · 1962
- In Re J. J. Tyne, Etc., Bankrupt. American Steel Treating Co., and John J. Tyne v. Angela R. VenetucciCourt of Appeals for the Seventh Circuit · 1959
7 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- In Re Rock Industries MacHinery Corp., F/k/a Lippmann, Inc., Bankrupt. Appeal of Litton Systems, IncCourt of Appeals for the Seventh Circuit · 1978
- In the Matter of Chung King, Inc., Debtor. Appeal of Michael T. NigroCourt of Appeals for the Seventh Circuit · 1985
- Cada Investments, Inc. v. LakeCourt of Appeals for the Ninth Circuit · 1981
- In Re FOOD BARN STORES, INC., Debtor. FOUR B. CORPORATION, Creditor—Appellant, v. FOOD BARN STORES, INC., Debtor—AppelleeCourt of Appeals for the Eighth Circuit · 1997
- In Re Larmar Estates, Inc.United States Bankruptcy Court, E.D. New York · 1980
37 more not listed; retrieve them via the Exa API.