[Download] "Duncan v. Ward" by United States Court of Appeals for the Eighth Circuit " Book PDF Kindle ePub Free
eBook details
- Title: Duncan v. Ward
- Author : United States Court of Appeals for the Eighth Circuit
- Release Date : January 23, 1940
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 53 KB
Description
This appeal is from an order confirming a plan of reorganization of the Champion Shoe Machinery Company, debtor, and Champion Acceptance Corporation (a wholly-owned subsidiary of Champion Shoe Machinery Company), auxiliary debtor, in proceedings under § 77B of the Bankruptcy Act, 11 U.S.C.A. § 207. The appellants are the owners of $6,500 face value of bonds of Champion Acceptance Corporation which were originally due February 1, 1933. They objected to the plan of reorganization on the ground that the bondholders had all been placed in one class, instead of divided into three classes, and that the plan approved failed to accord them rights which the court was bound to recognize.
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