Capitol Tobacco Company v. R. J. Reynolds Tobacco Company, American Tobacco Company and Brown & Williamson Tobacco Corporation
U.S. Court of Appeals for the Fifth Circuit
Capitol Tobacco Company v. R. J. Reynolds Tobacco Company, American Tobacco Company and Brown & Williamson Tobacco Corporation, 300 F.2d 755 (5th Cir. 1962)
1962 U.S. App. LEXIS 5480
Capitol Tobacco Company v. R. J. Reynolds Tobacco Company, American Tobacco Company and Brown & Williamson Tobacco Corporation
Opinion
The district court applied in this cause the rule that creditors who have secured voidable preferences from an insolvent debtor may become petitioners in an involuntary bankruptcy proceeding upon a surrender of their preferences. We approve the decision and the judgment of the district court is
Affirmed.
Reference
- Full Case Name
- CAPITOL TOBACCO COMPANY, Appellant, v. R. J. REYNOLDS TOBACCO COMPANY, American Tobacco Company and Brown & Williamson Tobacco Corporation, Appellees
- Cited By
- 1 case
- Status
- Published