Legal Opinion
Corbin v. Federal Reserve Bank
Court of Appeals for the Second Circuit
Decided July 25, 1980No. Nos. 850, 1048, Dockets 79-7702, 79-7703PublishedCited by 4 opinions
1Opinion of the Court
OAKES, Circuit Judge:
This is an appeal by certain unsecured creditors of Franklin National Bank (FNB) from a judgment of the United States District Court for the Southern District of New York, Milton Pollack, Judge, with opinion reported at 475 F.Supp. 1060 (S.D. N.Y.1979). Among these appellants is the trustee in bankruptcy of Franklin New York Corporation (FNYC). As the holding company of FNB — a bank whose 1974 insolvency has spawned considerable litigation— FNYC is not only an FNB creditor but also the owner of all outstanding FNB stock (except directors’ qualifying shares). The remaining…
2Cases cited12 opinions
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- Ticonic National Bank v. SpragueSupreme Court of the United States · 1938
- Lewis J. Ruskin, Collateral Trustee v. Charles H. Griffiths, Trustee in ReorganizationCourt of Appeals for the Second Circuit · 1959
- In the Matter of Continental Vending MacHine Corp. And Continental Apco, Inc., Debtors. James Talcott, Inc. v. Irving L. Wharton, TrusteeCourt of Appeals for the Second Circuit · 1975
- Eddy v. Prudence Bonds CorporationCourt of Appeals for the Second Circuit · 1947
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3Cited by4 opinions
- First Bank National Association v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1996
- Parker North American v. Resolution Trust Corp. (In Re Parker North American)United States Bankruptcy Court, C.D. California · 1991
- Sol Neil Corbin v. Federal Reserve Bank Of New YorkCourt of Appeals for the Second Circuit · 1980
- First Bank National Ass'n v. Federal Deposit Insurance Corp.Court of Appeals for the Third Circuit · 1996