Legal Opinion
Algeran, Inc. v. Advance Ross Corp.
Court of Appeals for the Ninth Circuit
Decided May 9, 1985No. Nos. 84-5761, 84-5773PublishedCited by 95 opinions
1Opinion of the Court
CHAMBERS, Circuit Judge:
In late 1982, appellee Advance Ross sold its stock in AMI Industries, Inc., a wholly-owned subsidiary, to appellant Algeran, Inc., taking promissory notes for a portion of the sales price, with the AMI stock pledged as security. Algeran thereafter filed this action in district court claiming damages relating to the stock purchase. Advance Ross counterclaimed.
Discovery was undertaken and by December, 1983, Advance Ross took steps which were meant to protect it from what it asserted was Algeran’s siphoning of AMI assets to its own use, in the face of Alger-an’s…
2Cases cited12 opinions
- In the Matter of Combined Metals Reduction Company, Debtor (Ten Cases). Irving Bennett v. Paul Gemmill, Trustee, (Four Cases). Irving Bennett v. W. Lamonte Robison, Trustee, (Four Cases). Irving Bennett v. Paul Gemmill, Trustee, Jeremiah Milbank, and Milbank & Co., Irving Bennett, Entrada Industries, Inc. (Wasatch Chemical Division), Charles A. Steen, Individually, Charles A. Steen, as Custodian for His Sons and Heirs, and Charles A. Steen on Behalf of the Steen Foundation v. Paul Gemmill, TrusteeCourt of Appeals for the Ninth Circuit · 1977
- In Re Roberts Farms, Inc.Court of Appeals for the Ninth Circuit · 1981
- 9 Collier bankr.cas.2d 598, Bankr. L. Rep. P 69,390 in Re Exennium, Inc., Dba Axiom Television, Griffeys Tv and Appliances, Griffeys House of Portables, Griffeys Tv and Portables, Griffeys Electronics, Debtor. Irving Sulmeyer, Trustee v. Karbach Enterprises, a California Limited PartnershipCourt of Appeals for the Ninth Circuit · 1983
- In the Matter of Abingdon Realty Corporation, Bankrupt. A & H Holding Corporation v. Gerald M. O'donnell, TrusteeCourt of Appeals for the Fourth Circuit · 1976
- In Re Royal Properties, Inc.Court of Appeals for the Ninth Circuit · 1980
7 more not listed; retrieve them via the Exa API.
3Cited by95 opinions
- In Re Adams Apple, Inc., Debtor. Robert C. Burchinal, Donald G. Ott, Meton G. Raine, Karen O. Raine, John Ruud, Richard H. Mason, Phyllis Mason, Richard Floren, Rachel Floren, Kenneth R. Irwin, Sharon Irwin, Richard J. Willsey and Cheri Ann Willsey, Plaintiffs v. Central Washington Bank, Bank of California v. Central Washington BankCourt of Appeals for the Ninth Circuit · 1987
- Bankr. L. Rep. P 74,609 in Re Public Service Company of New Hampshire, Debtor. Martin Rochman v. Northeast Utilities Service GroupCourt of Appeals for the First Circuit · 1992
- Robert P. Noli and Delora J. Noli v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1988
- In Re Basil N. Spirtos, Debtor. Basil N. Spirtos v. Irene MorenoCourt of Appeals for the Ninth Circuit · 1993
- Rev Op Group v. ML Manager LLC (In Re Mortgages Ltd.)Court of Appeals for the Ninth Circuit · 2014
90 more not listed; retrieve them via the Exa API.