Legal Opinion
In Re Fotochrome, Inc.
District Court, E.D. New York
Decided June 4, 1974No. 70 B 209PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
WEINSTEIN, District Judge.
The litigants have joined issue where the laws of bankruptcy, foreign arbitration, jurisdiction and judgment recognition overlap. Although the result is troubling, for the reasons indicated below we hold that, in the circumstances of this case, pending foreign arbitration proceedings are not subject to stays by a bankruptcy judge. We recognize that this holding may prefer foreign to American creditors in a limited class of cases.
I. FACTS
Fotochrome, Inc., a New York corporation, fell into dispute with Copal Co., Ltd. — a Japanese corporation…
2Cases cited13 opinions
- Hanson v. DencklaSupreme Court of the United States · 1958
- The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
- Hilton v. GuyotSupreme Court of the United States · 1895
- Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
- Whitney v. RobertsonSupreme Court of the United States · 1888
8 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Fotochrome, Inc., Debtor-Appellant v. Copal Company, Limited, Claimant-AppelleeCourt of Appeals for the Second Circuit · 1975
- United States Lines, Inc. v. GAC Marine Fuels Ltd. (In Re McLean Industries, Inc.)United States Bankruptcy Court, S.D. New York · 1986
- Nordberg v. Granfinanciera, S.A. (In re Chase & Sanborn Corp.)Court of Appeals for the Eleventh Circuit · 1988
- Deak & Co. v. Soedjono (In Re Deak & Co.)United States Bankruptcy Court, S.D. New York · 1986
- In Re Chase & Sanborn Corp.Court of Appeals for the Eleventh Circuit · 1988
6 more not listed; retrieve them via the Exa API.