Capitol Tobacco Company v. R. J. Reynolds Tobacco Company, American Tobacco Company and Brown & Williamson Tobacco Corporation
Capitol Tobacco Company v. R. J. Reynolds Tobacco Company, American Tobacco Company and Brown & Williamson Tobacco Corporation
300 F.2d 755; 1962 U.S. App. LEXIS 5480
(Federal Reporter, Second Series)
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.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.