In the Matter of Reading Company, Debtor. Appeal of Trailer Train Company
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
JAMES HUNTER, III, Circuit Judge:
Appellee Reading Company (“Reading”) owns 500 shares of stock in appellant Trailer Train Company (“Trailer Train”). During Reading’s reorganization proceedings under section 77 of the Bankruptcy Act of 1898 as amended (“the 1898 Act”), 11 U.S.C. § 205 (1976), 1 Reading’s trustees petitioned for an order compelling Trailer Train to repurchase the stock, convert it into debt or preferred stock, or pay dividends. The United States District Court for the Eastern District of Pennsylvania, sitting as a reorganization court, ordered Trailer Train…
2Cases cited44 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Thompson v. Magnolia Petroleum Co.Supreme Court of the United States · 1940
- Guth v. Loft, Inc.Supreme Court of Delaware · 1939
- Gardner v. New JerseySupreme Court of the United States · 1947
- Baker v. Gold Seal Liquors, Inc.Supreme Court of the United States · 1974
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3Cited by24 opinions
- Nedlloyd Lines B v. v. Superior CourtCalifornia Supreme Court · 1992
- Koos v. Central Ohio Cellular, Inc.Ohio Court of Appeals · 1994
- Securities and Exchange Commission v. Walter Wencke, Theodore Delusignan, Movant-Appellant v. R.N. Gould, Receiver-TrusteeCourt of Appeals for the Ninth Circuit · 1986
- Stanger v. Athos Steel Aluminum, Inc. (In Re Athos Steel & Aluminum, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1987
- State Farm Mutual Automobile Insurance v. Superior CourtCalifornia Court of Appeal · 2003
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