Legal Opinion
In the Matter of Pennyrich International, Inc. Of Dallas, Bankrupt. Lane Industries, Inc., D/B/A Century Studios v. Harold C. Abramson, Trustee
Court of Appeals for the Fifth Circuit
Decided March 13, 1973No. 72-1928PublishedCited by 24 opinions
1Opinion of the Court
GOLDBERG, Circuit Judge:
This is an appeal from an order reducing a claim made by a secured creditor against a bankrupt estate. The standard procedures for valuing the security were not followed, and the principal question before us is whether a referee in bankruptcy may ever assign a date not specifically authorized by statute as the time for valuing the security. Finding that the referee’s action in creating such an exception to the “standard” valuation procedure was appropriate under all the facts and circumstances of this case, we affirm.
Prior to the institution of the instant bankruptcy…
2Cases cited13 opinions
- Isaacs v. Hobbs Tie & Timber Co.Supreme Court of the United States · 1931
- Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
- Young v. Higbee Co.Supreme Court of the United States · 1945
- United States National Bank v. Chase National BankSupreme Court of the United States · 1947
- Ivanhoe Building & Loan Assn. v. OrrSupreme Court of the United States · 1935
8 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- United States v. Second National Bank of North MiamiCourt of Appeals for the Second Circuit · 1974
- R.I.D.C. Industrial Development Fund v. P. L. SnyderCourt of Appeals for the Fifth Circuit · 1976
- In Re AdamsUnited States Bankruptcy Court, M.D. Florida · 1980
- Virginia National Bank v. Jones (In Re Jones)United States Bankruptcy Court, E.D. Virginia · 1980
- In Re CookUnited States Bankruptcy Court, D. Utah · 1984
19 more not listed; retrieve them via the Exa API.