Legal Opinion

In re a Plan for the Readjustment, Modification or Reorganization of the Rights of the Holders of Investments in a Certain Group of Mortgages

New York Supreme Court

Decided June 21, 1937Published

1Opinion of the CourtFrankenthaler, J.

This is a proceeding for the fixation of allowances for services rendered in the reorganization of Series B-K of the New York Title and Mortgage Company and in “ any actions or proceedings taken or affecting said Series B-K.” (Declaration of Trust, art. VIII, subd. w.)

Series B-K is the third largest issue of guaranteed mortgage certificates in the entire State. At the time the plan of reorganization was modified and approved by this court, in October, 1935, the principal amount of the issue, consisting of 170 mortgages, was over $13,000,000, and there were more than 4,000 certificate holders.…

2Cases cited4 opinions

  1. Abrams v. Van SchaickSupreme Court of the United States · 1934
  2. Matter of PeopleNew York Court of Appeals · 1934
  3. In re PeopleNew York Supreme Court · 1936
  4. In re a Plan or Proposal by the Mortgage CommissionNew York Supreme Court · 1935

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

Powered by the Exa API