[DOWNLOAD] "Continental Ins. Co. v. Louisiana Oil Refining Corp." by Fifth Circuit Circuit Court Of Appeals # eBook PDF Kindle ePub Free
eBook details
- Title: Continental Ins. Co. v. Louisiana Oil Refining Corp.
- Author : Fifth Circuit Circuit Court Of Appeals
- Release Date : January 10, 1937
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
Louisiana Oil Refining Corporation, claiming to be a debtor unable to meet its debts as they mature, filed its petition for a reorganization of itself and a subsidiary corporation wholly owned by it under Bankruptcy Act § 77B (11 U.S.C.A. § 207). The plan offered was, after a years delay, amended and confirmed. Three appeals are before us: one by common stockholders, one by a preferred stockholder who consistently opposed the plan, and one by a group of preferred stockholders who constitute a majority, the most of whom at first consented to the plan but withdrew consent before the plan was amended or confirmed. The questions of law for review are indicated as discussed below. To their understanding a statement of the facts touching the debtors debts and stock, the plan of reorganization, and the proceedings taken, is needful.
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