Legal Opinion
In the Matter of Texas Consumer Finance Corporation, Debtor. First Southwest Corporation v. Texas Consumer Finance Corporation
Court of Appeals for the First Circuit
Decided June 22, 1973No. 72-2663PublishedCited by 57 opinions
1Opinion of the Court
RONEY, Circuit Judge:
Does a Bankruptcy Court have jurisdiction in a Chapter XI proceeding to order the surrender for cancellation of the outstanding preferred stock of the bankrupt corporation? We answer this question in the negative and reverse the order of the District ..Court.
In this proceeding under Chapter XI of the Bankruptcy Act, 11 U.S.C.A. § 701 et seq., Texas Consumer Finance Corporation, a Texas corporation, is the Debtor. The subject securities, 800 outstanding shares of preferred stock in Texas Consumer, are owned by First Southwest Corporation, an Oklahoma corporation, and John…
2Cases cited17 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Local Loan Co. v. HuntSupreme Court of the United States · 1934
- Katchen v. LandySupreme Court of the United States · 1966
- Neirbo Co. v. Bethlehem Shipbuilding Corp.Supreme Court of the United States · 1939
- Bank of Marin v. EnglandSupreme Court of the United States · 1966
12 more not listed; retrieve them via the Exa API.
3Cited by57 opinions
- Jennifer Gasch and Tammy Gasch, as Next Friend to Z.G., a Minor v. Hartford Accident & Indemnity Company and Karen FrazierCourt of Appeals for the Fifth Circuit · 2007
- In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.Court of Appeals for the Fifth Circuit · 1977
- Johnson v. First National Bank Of MontevideoCourt of Appeals for the First Circuit · 1983
- United States v. Robert B. Sutton and Sutton Investments, Inc.Court of Appeals for the Fifth Circuit · 1986
- In the Matter of Oxford Management, Inc., Debtor. Michael Chiasson, Trustee of Chapter 7 Bankruptcy Estate of Oxford Management, Inc. v. J. Louis Matherne and Associates, in the Matter of Oxford Management Inc., Debtor. Michael Chiasson, Trustee of Chapter 7 Bankruptcy Estate of Oxford Management, Inc. v. Katherine A. BinglerCourt of Appeals for the Fifth Circuit · 1993
52 more not listed; retrieve them via the Exa API.