Legal Opinion
In re Magnus Harmonica Corp.
Court of Appeals for the Third Circuit
Decided January 8, 1959No. Nos. 12639, 12640PublishedCited by 16 opinions
1Opinion of the Court
GOODRICH, Circuit Judge.
These appeals are taken from the District Court for the District of New Jersey sitting in bankruptcy.1 D.C.D.N.J.1958, 159 F.Supp. 778. The questions on appeal concern a secured creditor’s right to interest under the terms of a factoring agreement for the period prior to the institution of a Chapter X proceeding and a claim for interest on the unpaid balance for the period following the institution of the Chapter X matter.2 Both trustee and creditor have appealed.
I. Interest Prior to the Petition.
In 1953 Magnus Harmonica Corporation (Magnus) began borrowing from Credit…
2Cases cited17 opinions
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- Sexton v. DreyfusSupreme Court of the United States · 1911
- Young v. . HillNew York Court of Appeals · 1876
- Rodkinson v. HaeckerNew York Court of Appeals · 1928
- Newburger-Morris Co. v. . TalcottNew York Court of Appeals · 1916
12 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Matter of Carla Leather, Inc.United States Bankruptcy Court, S.D. New York · 1984
- In Re Continental Vending MacHine Corp. And Continental Apco, Inc., Debtors. James Talcott, Inc. v. Irving L. Wharton, TrusteeCourt of Appeals for the Second Circuit · 1976
- 9 Collier bankr.cas.2d 1377, Bankr. L. Rep. P 69,412 in Re Boston and Maine Corporation, Debtor. Appeal of City of CambridgeCourt of Appeals for the First Circuit · 1983
- In re Boston & Maine Corp.Court of Appeals for the First Circuit · 1983
- In the Matter of Time Sales Finance Corporation and Its Wholly Owned Subsidiary Corporations, Debtors. Appeal of Central Penn National BankCourt of Appeals for the Third Circuit · 1974
11 more not listed; retrieve them via the Exa API.