Legal Opinion
In Re Philadelphia & Western Ry. Co.
District Court, E.D. Pennsylvania
Decided February 11, 1946No. 18014PublishedCited by 29 opinions
1Opinion of the Court
KIRKPATRICK, District Judge.
The debtor was for a period of more than ten years in reorganization under 77B, Bankr.Act, 11 U.S.C.A. § 207. No trustee was appointed, hut the debtor was continued in possession under the management of directors approved by the Court. The debtor has been at all times during reorganization insolvent. A plan of reorganization has been approved and put into effect, under which the holders of the first mortgage bonds of the old company acquired ownership of all its assets through a distribution of cash and securities of the reorganized company.
During the…
2Cases cited10 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Meinhard v. SalmonNew York Court of Appeals · 1928
- Magruder v. DrurySupreme Court of the United States · 1914
- In Re McCrory Stores CorporationDistrict Court, S.D. New York · 1935
- Monroe v. ScofieldCourt of Appeals for the Tenth Circuit · 1943
5 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Wolf v. WeinsteinSupreme Court of the United States · 1963
- Matter of WT Grant Co.United States Bankruptcy Court, S.D. New York · 1980
- Clancy v. KingCourt of Appeals of Maryland · 2008
- Manufacturers Trust Co. v. BeckerSupreme Court of the United States · 1950
- Committee of Creditors Holding Unsecured Claims v. Citicorp Venture Capital, Ltd. (In Re Papercraft Corp.)United States Bankruptcy Court, W.D. Pennsylvania · 1995
24 more not listed; retrieve them via the Exa API.