Legal Opinion

Grey v. Federated Group, Inc. (In re Federated Group, Inc.)

Court of Appeals for the Ninth Circuit

Decided February 20, 1997No. 95-16556PublishedCited by 8 opinions

1Opinion of the Court

WIGGINS, Circuit Judge:

We must decide whether the joinder of an indenture trustee to an involuntary bankruptcy petition extinguishes the claims of the underlying debenture holders for purposes of satisfying the three petitioning creditor requirement of 11 U.S.C. § 303(b). Because we conclude that it does not, we reverse.

BACKGROUND

The Federated Group, Inc. issued convertible subordinated debentures due in the year 2019. Bank of America is the indenture trustee for these debentures. The appellants own Federated debentures. Nathaniel Grey owns ten debentures he purchased in September 1989.…

2Cases cited6 opinions

  1. In Re KidwellUnited States Bankruptcy Court, E.D. California · 1993
  2. Bankr. L. Rep. P 76,745, 96 Cal. Daily Op. Serv. 49, 96 Daily Journal D.A.R. 143 in Re William v. Harrell. Robert P. Abele v. Phoenix Suns Limited PartnershipCourt of Appeals for the Ninth Circuit · 1996
  3. In Re McMeekinUnited States Bankruptcy Court, D. Massachusetts · 1982
  4. In Re McMeekinUnited States Bankruptcy Court, D. Massachusetts · 1982
  5. In Re GilbertUnited States Bankruptcy Court, S.D. New York · 1990

1 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. In Re David P. Parker, Sr., Debtor. McClellan Federal Credit Union v. David P. Parker, Sr.Court of Appeals for the Ninth Circuit · 1998
  2. Great Lakes Higher Education Corp. v. Pardee (In Re Pardee)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998
  3. Foster v. HillCourt of Appeals for the Tenth Circuit · 1999
  4. In Re: Century Cleaning Services, Inc. Debtor, United States Trustee v. Garvey, Schubert & Barer Michael Batlan, TrusteeCourt of Appeals for the Ninth Circuit · 1999
  5. Batlan v. Transamerica Commercial Finance Corp.District Court, D. Oregon · 1999

3 more not listed; retrieve them via the Exa API.

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