Legal Opinion
Matter of SSIW Corp.
United States Bankruptcy Court, S.D. New York
Decided December 16, 1980No. 19-22214PublishedCited by 9 opinions
1Opinion of the Court
OPINION
JOEL LEWITTES, Bankruptcy Judge.
I
This is a cross-motion by Commercial Mortgage Company (“CMC”) 1 seeking an order converting this Chapter 11 reorganization case to a stockbroker liquidation case under subchapter III of Chapter 7 of the Bankruptcy Reform Act of 1978 (“1978 Act”). 2 The ground asserted by CMC, for such requested relief, is that since the Chapter 11 debtor, SSIW Corp. (“SSIW”), is a dealer engaged in the business of effecting transactions with institutional investors 3 in loans or mortgages guaranteed by the Federal Government or its agencies, 4 it is a “stockbroker” as…
2Cases cited33 opinions
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
- Baird v. FranklineCourt of Appeals for the Second Circuit · 1944
- Charles Hughes & Co. v. Securities & Exchange CommissionCourt of Appeals for the Second Circuit · 1943
28 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- In Re ESM GOVERNMENT SECURITIES, INC., Debtor. Thomas TEW, as Trustee, Plaintiff-Appellee, v. RESOURCE MANAGEMENT, Defendant-AppellantCourt of Appeals for the Eleventh Circuit · 1987
- WesBanco Bank Barnesville v. Rafoth (In re Baker & Getty Financial Services, Inc.)Court of Appeals for the Sixth Circuit · 1997
- In Re Adler Coleman Clearing Corp.United States Bankruptcy Court, S.D. New York · 1997
- In Re Adler, Coleman Clearing Corp.United States Bankruptcy Court, S.D. New York · 1998
- Thomson McKinnon Securities, Inc. v. Residential Resources Mortgage Investments Corp. (In Re Residential Resources Mortgage Investments Corp.)United States Bankruptcy Court, D. Arizona · 1989
4 more not listed; retrieve them via the Exa API.