Legal Opinion

Copeland v. Merrill Lynch & Co.

Court of Appeals for the Fifth Circuit

Decided March 9, 1995No. 94-30179PublishedCited by 46 opinions

1Opinion of the Court

DeMOSS, Circuit Judge:

In 1989, Avin C. Copeland (Copeland), founder and franchisor of Popeye’s Famous Fried Chicken decided to acquire competitor Church’s Fried Chicken. After an acquisition and merger, the emerging company, A Copeland Enterprises, Inc. (ACE), was the obligor on loans in the amount of $173 million from Merrill Lynch and $300 million from Canadian Imperial Bank of Commerce, Inc. (CIBC). Financial difficulties ensued, and ACE defaulted on the obligations. In April 1991, ACE entered Chapter 11 bankruptcy in the bankruptcy court for the Western Dis*1419trict of Texas. Copeland,…

2Cases cited19 opinions

  1. Christianson v. Colt Industries Operating Corp.Supreme Court of the United States · 1988
  2. Arizona v. CaliforniaSupreme Court of the United States · 1983
  3. T.O. Stanley Boot Co. v. Bank of El PasoTexas Supreme Court · 1993
  4. 17 Collier bankr.cas.2d 743, Bankr. L. Rep. P 71,955 in the Matter of James P. Wood, M.D. And Carol B. Wood, Debtors. Dr. Arthur E. Wood, III v. Dr. James P. Wood, Carol Wood, Woodrow Barham & Wayne Clinic, P.A.Court of Appeals for the Fifth Circuit · 1987
  5. Tel-Phonic Services, Inc., William Kirk, and John Bowen v. Tbs International, Inc. A/K/A Dy-Con, International, Inc. And the Dispatch Printing CompanyCourt of Appeals for the Fifth Circuit · 1992

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

3Cited by46 opinions

  1. Burge v. Parish of St. TammanyCourt of Appeals for the Fifth Circuit · 1999
  2. Winters v. Diamond Shamrock Chemical Co.Court of Appeals for the Fifth Circuit · 1998
  3. Martin's Herend Imports, Inc. v. Diamond & Gem Trading United States of America Co.Court of Appeals for the Fifth Circuit · 1999
  4. The Matter of Zale Corporation, Debtor. Alan D. Feld, and National Union Fire Insurance Company, Inc., of Pittsburgh, Pennsylvania v. Zale CorporationCourt of Appeals for the Fifth Circuit · 1995
  5. Financial Acquisition Partners LP v. BlackwellCourt of Appeals for the Fifth Circuit · 2006

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API