Legal Opinion
Prudence Realization Corp. v. Ferris
Supreme Court of the United States
Decided January 29, 1945No. 137PublishedCited by 28 opinions
1Opinion of the CourtJustice Frankfurter
This action was brought in one of the courts of the State of New York to adjudicate conflicting claims against property held to satisfy a mortgage debt. The immediate controversy arises out of the reorganization in a United States district court of a large New York guaranty company, another phase of which was before us in Prudence Corp. v. Geist, 316 U. S. 89.
Petitioner’s predecessor, The Prudence Company, Inc., loaned money on real estate and issued guaranteed mortgage participation certificates. (For an exposition of the business details see In re The Westover, Inc., 82 F. 2d 177.) The…
2Cases cited5 opinions
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
- Prudence Realization Corp. v. GeistSupreme Court of the United States · 1942
- In Re Westover, Inc.Court of Appeals for the Second Circuit · 1936
- Ferris v. Prudence Realization Corp.New York Court of Appeals · 1944
- Ferris v. Prudence Realization Corp.Appellate Division of the Supreme Court of the State of New York · 1943
3Cited by28 opinions
- American Surety Co. of NY v. SampsellSupreme Court of the United States · 1946
- Intagliata v. Shipowners & Merchants Towboat Co.California Supreme Court · 1945
- In Re W.S. Sheppley & Co.United States Bankruptcy Court, N.D. Iowa · 1986
- In Re Sugarhouse Realty, Inc.District Court, E.D. Pennsylvania · 1996
- United States v. Standard State BankDistrict Court, W.D. Missouri · 1988
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