IN RE INTERNATIONAL POWER SECURITIES CORPORATION

Nos. 9572, 9584.

170 F.2d 399 (1948)

In re INTERNATIONAL POWER SECURITIES CORPORATION.

United States Court of Appeals Third Circuit.

Decided September 28, 1948.


Attorney(s) appearing for the Case

George Zolotar, of New York City, (Roger S. Foster, Sol., and Sidney H. Willner, Associate Sol., both of Washington, D. C., and Kiva Berke, of New York City, on the brief), for Securities and Exchange Commission.

Louis G. Bernstein, of New York City (Scribner & Miller, of New York City, and John W. Griggs and Morrison, Lloyd & Griggs, all of Hackensack, N. J., on the brief), for appellants Bondholders' Protective Committee.

Milton, McNulty & Augelli, of Jersey City, N. J., on the brief, for appellant John J. Murphy.

MacIlburne Voorhies, of New York City (Shearman & Sterling & Wright and John A. Wilson, all of New York City, on the brief), for respondent, National City Bank of New York.

Samuel F. Frank, of Union City, N. J. (Hollander & Leichter, of Union City, N. J., on the brief), for respondent, Bank of Rome for Switzerland.

Before McLAUGHLIN, O'CONNELL, and KALODNER, Circuit Judges.


KALODNER, Circuit Judge.

International Power Securities Corporation filed a petition for reorganization under Chapter X of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq., in the United States District Court for the District of New Jersey on February 24, 1941.

Its principal assets, other than approximately $1,250,000 of cash and marketable domestic securities, consist of three separate mortgages on properties in Italy executed by certain companies merged...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases