Schmoll v. Acands, Inc.

U.S. Court of Appeals for the Ninth Circuit October 26, 1992

Schmoll v. Acands, Inc., 977 F.2d 499 (9th Cir. 1992)

1992 WL 301750

Opinion of the Court

ORDER

Under Oregon law, creditors have priority over shareholders in all of the future earnings of an insolvent corporation. We have reviewed the record in No. 89-35168 and we affirm the district court’s judgment on the grounds stated in its opinion. Schmoll v. ACandS, Inc., 703 F.Supp. 868 (D.Or. 1988).

We dismiss Raytech’s appeal of an interlocutory order in No. 89-35101.

Reference

Full Case Name: Raymond A. SCHMOLL v. ACANDS, INC., a Pennsylvania Corporation, and Raytech Corporation, Defendant-Appellant Raymond A. SCHMOLL v. ACANDS, INC., a Pennsylvania Corporation, and Raytech Corporation
Cited By: 5 cases
Status: Published