Legal Opinion

In Re Eastern Freight Ways, Inc. v. Seaboard Surety Co.

District Court, S.D. New York

Decided October 31, 1977No. 76-B-981PublishedCited by 3 opinions

1Opinion of the Court

PALMIERI, District Judge.

This is an appeal by. Seaboard Surety Company from a decision of the Bankruptcy Court.

The facts of the case can be stated briefly. Eastern Freight Ways, Inc. (“Eastern”) and Associated Transport, Inc. (“Associated”) were licensed common carriers of freight under the regulatory authority of the Interstate Commerce Commission. In accordance with the Commission’s regulations, Eastern and Associated were authorized to act as self-insurers against cargo losses sustained by their shipping customers. Eastern gained control of Associated in 1974 and, upon authorization of the…

2Cases cited4 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. United States Ex Rel. Johnson v. Morley Const. Co.Court of Appeals for the Second Circuit · 1938
  3. In the Matter of Yale Express System, Inc., Debtor. Boston Insurance Company v. F. Ralph Nogg, TrusteeCourt of Appeals for the Second Circuit · 1966
  4. Meeker v. HalseyCourt of Appeals for the Second Circuit · 1937

3Cited by3 opinions

  1. Rodman v. N & a Goldman Co. (In Re W. T. Grant Co.)District Court, S.D. New York · 1979
  2. Gluck v. Seaboard Surety Co. (In Re Eastern Freight Ways, Inc.)United States Bankruptcy Court, S.D. New York · 1981
  3. Schreier v. Weight Watchers Northeast Region, Inc.District Court, E.D. New York · 1994

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