Delatour v. Prudence Realization Corp.
Court of Appeals for the Second Circuit
1Opinion of the Court
CHASE, Circuit Judge.
The appeal is from an order entered in the proceedings, commenced on March 20, 1944, for the reorganization under Chapter X of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq., of Espade Realty Corporation. The sole issue is whether certain holders of defaulted certificates of participation in a single mortgage on real estate of the debtor are entitled to interest at 6%, which is both the rate the mortgage bore and the legal rate of interest on debts overdue in New York, or only to interest at 5j/£%, the rate'provided for in the certificates.
*623The only asset of the debtor at…
2Cases cited9 opinions
- Matter of People (Tit. Mtge. Guar. Co.)New York Court of Appeals · 1934
- Matter of People (Lawyers Title Guar. Co.)New York Court of Appeals · 1934
- In Re Realty Associates Securities CorporationCourt of Appeals for the Second Circuit · 1947
- In Re Westover, Inc.Court of Appeals for the Second Circuit · 1936
- In Re Prudence Bonds CorporationCourt of Appeals for the Second Circuit · 1935
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3Cited by5 opinions
- In Re Drexel Burnham Lambert Group Inc.United States Bankruptcy Court, S.D. New York · 1990
- In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1999
- H. C. Franklin and Marjorie Franklin v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1982
- In Re Columbia Pacific Mortgage, Inc.United States Bankruptcy Court, W.D. Washington · 1981
- In re WordenDistrict Court, W.D. Kentucky · 1952