Legal Opinion

Travelers Indemnity Company v. C. Gordon Anderson, Trustee in Bankruptcy for Tmt Trailer Ferry, Inc., Bankrupt

Court of Appeals for the Fifth Circuit

Decided June 26, 1968No. 25189PublishedCited by 3 opinions

1Opinion of the Court

GOLDBERG, Circuit Judge:

Travelers Indemnity Company, a recent entry in the litigation surrounding the Chapter X reorganization of TMT Trailer Ferry, Inc., 1 seeks an upgrading of its priority status. Its Petition for Determination of Priority of Claim was denied by the district court below. We affirm.

On June 27,1957, a reorganization proceeding was initiated against TMT Trailer Ferry, Inc. under Chapter X of the Bankruptcy Act, 11 U.S.C. § 501 et seq. By district court order dated August 12, 1958, Travelers was permitted to file a “late claim” in the proceeding. Travelers had been surety on a…

2Cases cited12 opinions

  1. Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
  2. United States National Bank v. Chase National BankSupreme Court of the United States · 1947
  3. United States v. C. Gordon Anderson, TrusteeCourt of Appeals for the Fifth Circuit · 1964
  4. Alex Caplan v. C. Gordon AndersonCourt of Appeals for the Fifth Circuit · 1958
  5. Wuerpel v. Commercial Germania Trust & Savings BankCourt of Appeals for the Fifth Circuit · 1916

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3Cited by3 opinions

  1. United States v. JohnsonCourt of Appeals for the Fifth Circuit · 1978
  2. Tmt Trailer Ferry, Inc. v. KirklandCourt of Appeals for the Fifth Circuit · 1978
  3. In Re Heatron, Inc.United States Bankruptcy Court, W.D. Missouri · 1983

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