Legal Opinion
In Re Bell & Beckwith, Debtors. James L. Murray and Phyllis J. Murray v. Patrick A. McGraw Trustee Securities Investor Protection Corporation
Court of Appeals for the Sixth Circuit
Decided June 16, 1987No. 86-3178PublishedCited by 10 opinions
1Opinion of the Court
RYAN, Circuit Judge.
Appellants are the Securities Investor Protection Corporation (SIPC) and the trustee in bankruptcy (the trustee) of the Toledo, Ohio, brokerage firm of Bell & Beckwith (the debtor). Appellees are a couple, the Murrays, who were customers of the debtor. The sole issue in the case is whether the district court correctly affirmed a bankruptcy court determination that the Murrays had a claim against the bankruptcy estate for stock shares rather than cash. If the Murrays’ claim is for cash, they will receive significantly less than the shares are now worth.
We conclude that the…
2Cases cited8 opinions
- Securities Investor Protection Corp. v. BarbourSupreme Court of the United States · 1975
- SECURITIES AND EXCHANGE COMMISSION v. ABERDEEN SECURITIES CO., INC., Et Al. Appeal of Sherwin SELIGSOHN Et Al.Court of Appeals for the Third Circuit · 1973
- Herbert Tepper v. Frank H. Chichester, Trustee in Bankruptcy of the Estate of Bennett-Manning Co., BankruptCourt of Appeals for the Ninth Circuit · 1961
- 2522 South Reynolds Corp. v. Russell (In Re 2522 South Reynolds Corp.)United States Bankruptcy Court, N.D. Ohio · 1983
- Seiler v. Hadley (In Re GIC Government Securities)United States Bankruptcy Court, M.D. Florida · 1986
3 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Jackson v. Mishkin (In Re Adler, Coleman Clearing Corp.)District Court, S.D. New York · 2001
- Appleton v. First National Bank Of OhioCourt of Appeals for the First Circuit · 1995
- Mishkin Ex Rel. Liquidation of the Business of Adler, Coleman Clearing Corp. v. Ensminger (In Re Adler, Coleman Clearing Corp.)United States Bankruptcy Court, S.D. New York · 1999
- Hill v. Spencer Savings & Loan Ass'n (In Re Bevill, Bresler & Schulman, Inc.)District Court, D. New Jersey · 1988
- Appleton v. First National Bank of OhioCourt of Appeals for the Sixth Circuit · 1995
5 more not listed; retrieve them via the Exa API.