1. Home
  2. Browse Decisions
  3. F.Supp.
  4. 242 F.Supp.
  5. 242 F.Supp. 439 (1965)
 

IN RE GENERAL ECONOMICS CORPORATION

242 F.Supp. 439 (1965)

In the Matter of GENERAL ECONOMICS CORPORATION, G.E.C. Funding Corp., General Economics Realty, Inc., Toronto-Bayview Realty, Limited, General Economics Syndicate, Inc., Secured Financial Corporation, G.E.C. Securities of Florida, Inc.

United States District Court S. D. New York.

June 17, 1965.

Attorney(s) appearing for the Case

James B. Kilsheimer, III, New York City, trustee.

Donovan, Leisure, Newton & Irvine, New York City, for the trustees, Francis A. Brick, Jr., Richard N. Winfield, and Louis C. Lustenberger, New York City, of counsel.

David L. Marks, New York City, Sp. Counsel for General Economics Corp., its stockholders and creditors.

Nathan M. Fuchs, New York City, Atty., S. E. C.

Feuerstein & Underweiser, New York City, for General Economics Syndicate, Inc., Irwin P. Underweiser, New York City, of counsel.

Kramer, Bandler & Labaton, New York City, for certain Class "A" stockholders, Alan Bandler, and Jerome Gartner, New York City, of counsel.

Earl J. Wofsey and Robert Howard, New York City, for G.E.C., Funding Corp.

Dunnington, Bartholow & Miller, New York City, for Mrs. Patricia Hurlbert, Charles L. Stewart, New York City, of counsel.

Stanley Friedman, New York City, for Meyer and Gertrude Landsberg.

RYAN, Chief Judge.

In this consolidated reorganization proceeding under Chapter X of the Bankruptcy Act, the trustees on behalf of General Economics Syndicate, Inc. ("Syndicate") have asserted a claim of $897,209. against General Economics Corporation ("Corporation"), the parent of this corporate complex, arising out of a breach of the parent's fiduciary obligations and fraudulent acts as the controlling stockholder.1 After a full hearing...

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