Legal Opinion
In re Imperial "400" National, Inc.
District Court, D. New Jersey
Decided January 31, 1966No. B 656-65PublishedCited by 6 opinions
1Opinion of the Court
OPINION
SHAW, District Judge.
On June 3, 1965 petitioners filed a joint petition under Chapter XI of the Bankruptcy Act alleging, among other things, that they “cannot meet their obligations.” A receiver was appointed on June 4, 1965. The initial petition was subsequently amended on petition of the debtors and by order of the Referee in Bankruptcy dated July 27, 1965. The substance of the amendment is an allegation that the debtors cannot meet their obligations “as they mature.” A consolidated balance sheet as of January 31, 1965 annexed to the petition shows assets of $37,113,269 and total…
2Cases cited4 opinions
- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
- Securities & Exchange Commission v. American Trailer Rentals Co.Supreme Court of the United States · 1965
- Fidelity Assurance Assn. v. SimsSupreme Court of the United States · 1943
- General Stores Corp. v. ShlenskySupreme Court of the United States · 1956
3Cited by6 opinions
- In re Imperial "400" National, Inc.Court of Appeals for the Third Circuit · 1970
- Nolan v. Judicial Council of Third CircuitDistrict Court, D. New Jersey · 1972
- In re Imperial "400" National, Inc.District Court, D. New Jersey · 1967
- In re Imperial '400' National, Inc.District Court, D. New Jersey · 1971
- In re Imperial "400" National, Inc.District Court, D. New Jersey · 1971
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