Legal Opinion
Prudential Ins. v. Land Estates, Inc.
Court of Appeals for the Second Circuit
Decided March 18, 1940No. 183PublishedCited by 7 opinions
1Opinion of the Court
CHASE, Circuit Judge.
■ This appeal requires a decision as to whether or not secured creditors in an equity receivership in the District Court for the Southern District of New York may prove the face amount of their claims and be. limited as to dividends to an amount not to exceed that less whatever may be realized upon their security in accordance with the so-called equity rule; or may prove only as in bankruptcy for the difference between the face of their claims and the value of the security held. The equity r,ule was applied below and unsecured creditors have appealed. Two cases are before…
2Cases cited10 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
- People v. E. Remington & SonsNew York Court of Appeals · 1890
- McGrath v. . Carnegie Trust Co.New York Court of Appeals · 1917
- In Re the Liquidation of New York Title & Mortgage Co.New York Court of Appeals · 1938
5 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Maxwell Communication Corp. ex rel. Homan v. Societe Generale (In re Maxwell Communication Corp.)Court of Appeals for the Second Circuit · 1996
- In Re Maxwell Communication Corporation PlcCourt of Appeals for the Second Circuit · 1996
- Bayside-Flushing Gardens, Inc. v. BeuermannDistrict Court, District of Columbia · 1941
- Chicago Title & Trust Co. v. Fox Theatres Corp.District Court, S.D. New York · 1959
- Clark v. GoldmanCourt of Appeals for the Second Circuit · 1941
2 more not listed; retrieve them via the Exa API.