Legal Opinion
Reid v. King
Court of Appeals for the Fourth Circuit
Decided November 11, 1946No. 5519PublishedCited by 12 opinions
1Opinion of the Court
SOPER, Circuit Judge.
The highest bidder at a sale of shares of stock by the trustee in bankruptcy appealed from an order of the court whereby confirmation of the sale was refused and the sale of the stock to another purchaser who subsequently offered a substantially higher price was ratified and confirmed. There is involved the question whether the court had the right to exercise its discretion in the premises notwithstanding the fact that the price originally offered was found not to be grossly inadequate.
On October 7, 1942, the court directed the trustee in bankruptcy to sell at private or…
2Cases cited15 opinions
- Morrison v. BurnetteCourt of Appeals for the Eighth Circuit · 1907
- In re Burr Mfg. & Supply Co.Court of Appeals for the Second Circuit · 1914
- Sturgiss v. CorbinCourt of Appeals for the Fourth Circuit · 1905
- Jacobsohn v. LarkeyCourt of Appeals for the Third Circuit · 1917
- Coulter v. BliedenCourt of Appeals for the Eighth Circuit · 1939
10 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- In re Gil-bern Industries, Inc.Court of Appeals for the Fifth Circuit · 1975
- Munro Drydock, Inc. v. M/V HeronCourt of Appeals for the First Circuit · 1978
- In re Muscongus Bay Co.Court of Appeals for the First Circuit · 1979
- First National Bank of Jefferson Parish v. M/v Lightning Power, Eagle Fleet, Inc., Intervenor-AppellantCourt of Appeals for the First Circuit · 1985
- In Re Blue Coal Corp.United States Bankruptcy Court, M.D. Pennsylvania · 1994
7 more not listed; retrieve them via the Exa API.