Legal Opinion

Cendant Corp. Prides Litigation v. Cendant Corp.

Court of Appeals for the Third Circuit

Decided November 21, 2002No. 01-3656PublishedCited by 1 opinion

1Opinion of the Court

OPINION OF THE COURT

WEIS, Circuit Judge.

We remanded this case to the District Court for determination of whether Chase National Manhattan Bank (“Chase”), as custodian, had established excusable neglect for late filing of documents confirming its right to participate in the distribution of a fund created to settle a class action. In re Cendant Corp. PRIDES Litig., 234 F.3d 166 (3d Cir.2000) (“Chase I”). After reconsideration, the District Court adhered to its previous ruling rejecting the applicability of excusable neglect. We will reverse and remand with directions to allow the claims.

The…

2Cases cited23 opinions

  1. Pioneer Investment Services Co. v. Brunswick Associates Ltd. PartnershipSupreme Court of the United States · 1993
  2. Hagner v. United StatesSupreme Court of the United States · 1932
  3. In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
  4. In Re: Cendant Corp., (Formerly Known as Cuc International, Inc.) Cendant Capital I Lester A. Goldstein, on Behalf of Himself and All Others Similarly Situated Welch & Forbes Inc., an Institutional Investment Manager, Individually and on Behalf of All Others Similarly Situated v. Walter A. Forbes Cosmo Corigliano Anne M. Pember Merrill Lynch & Co. Chase Securities Inc. Henry R. Silverman v. Ernst & Young Cendant Membership Services, Inc. Casper Sabatino Steven P. Speaks Kevin T. Kearney Mary Sattler Howard SirotaCourt of Appeals for the Third Circuit · 2001
  5. Rosenthal v. WalkerSupreme Court of the United States · 1884

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3Cited by1 opinion

  1. In Re: Cendant Corporation Prides Litigation, Welch & Forbes Inc., an Institutional Investment Manager, Individually and on Behalf of All Others Similarly Situated v. Cendant Corporation Merrill Lynch & Co. Chase Securities, Inc. Henry R. Silverman Walter A. Forbes Cosmo Corigliano E. Kirk Shelton Ernst & Young the Chase Manhattan Bank, as Custodian for Capital Income Builder, Inc. Income Fund of America, Inc. And Capital World Growth & Income, Inc.Court of Appeals for the Third Circuit · 2002

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