[Download] "In Re Teltronics Services Inc." by United States Court of Appeals for the Second Circuit ~ eBook PDF Kindle ePub Free

eBook details

Title: In Re Teltronics Services Inc.
Author : United States Court of Appeals for the Second Circuit
Release Date : January 22, 1985
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 66 KB

Description

This case presents two consolidated appeals. They arise out of the relationship between Teltronics Services, Inc. ("Teltronics"), a now-bankruptcy communications corporation, and its principal creditor and supplier, L M Ericsson Telecommunications, Inc. ("Ericsson"), which, according to Teltronics, engaged in an attempt to take it over by arranging a fictitious default on Ericsson-guaranteed loans and thereby forced Teltronics into bankruptcy. In No. 84-5028, appellants Rand and Frese, creditors of the bankrupt Teltronics, challenge the propriety of a settlement in an adversary proceeding between Teltronics trustee in bankruptcy ("Trustee") and Ericsson. The settlement was approved by the bankruptcy court (Goetz, Bankruptcy Judge), and that approval was affirmed by the United States District Court for the Eastern District of New York (Neaher, Judge). In No. 84-7522, plaintiffs Beagan and Teltronics appeal Judge Neahers grant of summary judgment in favor of the defendants in a separate action.