Legal Opinion

In the Matter of Marine Distributors, Inc., a California Corporation, Bankrupt. Barbara Postal and Travers A. Laird v. James A. A. Smith, Trustee

Court of Appeals for the Ninth Circuit

Decided October 21, 1975No. 73-3081PublishedCited by 23 opinions

1Opinion of the Court

OPINION

Before BROWNING and TRASK, Circuit Judges, and RICH, * Judge, United States Court of Customs and Patent Appeals. TRASK, Circuit Judge:

This appeal is from a judgment of the district court which affirmed an order of the bankruptcy referee enjoining the United California Bank (UCB) from making payment upon two irrevocable letters of credit it had issued. The letters of credit were issued to William H. Postal and Travers A. Laird representing a part of their selling price of certain assets to Marine Distributors, Inc. (MDI). When MDI became bankrupt its trustee claimed the funds…

2Cases cited9 opinions

  1. McAvoy v. United StatesCourt of Appeals for the Second Circuit · 1949
  2. In Re Christ's Church of the Golden RuleCourt of Appeals for the Ninth Circuit · 1949
  3. Irving Sulmeyer v. Arthur Donald PfohlmanCourt of Appeals for the Ninth Circuit · 1964
  4. In the Matter of B. R. Barasch, Debtor. Joel Mithers, Receiver v. Shirley Lee BaraschCourt of Appeals for the Ninth Circuit · 1971
  5. Pack v. CarterCourt of Appeals for the Ninth Circuit · 1915

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

3Cited by23 opinions

  1. In Re The Minoco Group Of Companies, Ltd.Court of Appeals for the First Circuit · 1986
  2. Page v. First National Bank of MaryLand (In Re Page)District Court, District of Columbia · 1982
  3. In Re Contractors, Inc.Court of Appeals for the Sixth Circuit · 1983
  4. In Re MJ Sales & Distributing Co., Inc.United States Bankruptcy Court, S.D. New York · 1982
  5. Thomasson v. AmSouth Bank, N.A.District Court, N.D. Alabama · 1986

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

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