Legal Opinion

Newton D. Bartle, Attorney in Fact for Creditors' Committee v. Markson Bros. Inc., Debtor, and New York Home Furnishing Corp., Debtor

Court of Appeals for the Second Circuit

Decided March 5, 1963No. 27803_1PublishedCited by 16 opinions

1Opinion of the Court

CLARK, Circuit Judge.

This appeal questions district court judgments affirming orders of a bankruptcy referee which had confirmed plans of arrangement under Chapter XI of the Bankruptcy Act, 11 U.S.C. §§ 701-799, of the two debtor corporations, Markson Bros. Inc. and New York Home Furnishing Corp. Appellants, the objecting creditors, attack the confirmations on two principal grounds: (1) the arrangements were not “for the best interests of the creditors,” 11 U.S.C. § 766(2), because holders of debentures, which by contract were subordinate to the claims of the other unsecured creditors, were…

2Cases cited6 opinions

  1. In re TabibianCourt of Appeals for the Second Circuit · 1961
  2. Continental Ins. Co. v. Louisiana Oil Refining Corp.Court of Appeals for the Fifth Circuit · 1937
  3. In Re Village Men's Shops, Inc.District Court, S.D. Indiana · 1960
  4. In re JablowCourt of Appeals for the Second Circuit · 1926
  5. In Re Bruce Hunt of Albany Corp.District Court, N.D. New York · 1958

1 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. In Re Washington Mutual, Inc.United States Bankruptcy Court, D. Delaware · 2011
  2. Huntington National Bank v. Schwartzman (In Re Schwartzman)United States Bankruptcy Court, S.D. Ohio · 1986
  3. Matter of Featherworks Corp.District Court, E.D. New York · 1984
  4. In Re McKenzieUnited States Bankruptcy Court, W.D. New York · 1980
  5. Bartle v. MarksonDistrict Court, N.D. New York · 1969

11 more not listed; retrieve them via the Exa API.

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