Legal Opinion
In the Matter of Sierra Trading Corporation, a Nevada Corporation, Debtor-Appellee. Arthur Sherr and Richard Rubin v. L. W. Winkler, Jr., Trustee
Court of Appeals for the Tenth Circuit
Decided September 17, 1973No. 72-1537PublishedCited by 4 opinions
1Per curiam
This appeal is from an order of the United States District Court of Colorado determining the rights of a mortgagee and assignee to oil and gas income that was delivered to a trustee in a proceeding under Chapter X of the Bankruptcy Act wherein Sierra Trading Corporation sought reorganization. The dispute arises over the division of the costs of drilling and development of producing property in Campbell County, Wyoming. The trial court held that the trustee was entitled to Sierra’s share of the income from these leases without cost “until the wells were in production.”
In 1968 Sierra Trading…
2Cases cited4 opinions
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- City of New York v. SaperSupreme Court of the United States · 1949
- Torgeson v. ConnellyWyoming Supreme Court · 1959
- Shinn v. BuxtonCourt of Appeals for the Tenth Circuit · 1946
3Cited by4 opinions
- Sherr v. Sierra Trading Corp.Court of Appeals for the Tenth Circuit · 1974
- In Re FerranteCourt of Appeals for the Ninth Circuit · 1995
- Walsh v. Northwestern National Insurance Co. (In re Ferrante)Court of Appeals for the Ninth Circuit · 1995
- Moore v. SanchezDistrict Court, D. New Mexico · 2021