Price v. Gurney

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that where a corporate filing has not been authorized by state law, the bankruptcy court must dismiss the petition
• holding that if “those who purport to act on behalf of the corporation have not been granted authority by local law to institute the [bankruptcy], [the court] has no alternative but to dismiss the petition”
• finding that bankruptcy petitions on behalf of a corporation may only be filed by those who have authority to act for the corporation under local law, and when such authority is lacking, the bankruptcy court does not acquire jurisdiction
• denying a corporate debtor access to relief under the Bankruptcy Act where the directors of the company had not authorized the petition
• “In absence of federal incorporation, ... [the authority to file] finds its source in local laws.”
• owner of 7% of stock may not file petition for corporation when directors oppose it

Source: CourtListener parenthetical corpus (CC0).

Cited by

97 cases in this archive cite this case; the 20 most cited are listed.

• Burks v. Lasker
  Supreme Court· 1979-05-14· cited 435×
• Daily Income Fund, Inc. v. Fox
  Supreme Court· 1984-01-18· cited 281×
• Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., Appellants
  Third Circuit· 1970-10-20· cited 262×
• Rachel Castner v. First National Bank of Anchorage, Arctic Cold Storage, Inc., and Union Bank of Anchorage
  First Circuit· 1960-03-24· cited 83×
• Investment Annuity, Inc. v. W. Michael Blumenthal as Secretary of the Treasury of the United States
  D.C. Circuit· 1979-10-05· cited 53×
• Schmidt v. Esquire, Inc. Schmidt v. Reader's Digest Ass'n, Inc. Schmidt v. Crowell-Collier Pub. Co
  Seventh Circuit· 1954-02-24· cited 50×
• Feen v. Ray
  Illinois Supreme Court· 1985-12-20· cited 48×
• McClure v. Borne Chemical Co.
  Third Circuit· 1961-07-05· cited 46×
• Jacobs v. Patent Enforcement Fund, Inc.
  Second Circuit· 2000-09-27· cited 45×
• Bankr. L. Rep. P 77,295 Harry G. Hager v. Ruth A. Gibson, Trustee for Preference, Ltd.
  Fourth Circuit· 1997-02-28· cited 42×
• Carruthers v. Jack Waite Mining Co.
  New York Court of Appeals· 1953-12-03· cited 41×
• Peter Ullrich v. Kenneth A. Welt
  Eleventh Circuit· 2015-12-17· cited 41×
• S. Harold Levitt v. Edward C. Johnson, 2d
  First Circuit· 1964-07-08· cited 39×
• In Re Penn Central Securities Litigation
  E.D. Pennsylvania· 1971-12-06· cited 39×
• State Ex Rel. Weede v. Bechtel
  Supreme Court of Iowa· 1952-12-16· cited 37×
• Thomas P. Knapp v. Bankers Securities Corporation Appeal of Bankers Securities Corporation
  Third Circuit· 1956-03-15· cited 35×
• Cornelius H. Doherty v. The Mutual Warehouse Company
  Fifth Circuit· 1957-06-18· cited 27×
• Franchise Servs. of N. Am., Inc. v. U.S. Tr. (In Re Franchise Servs. of N. Am., Inc.)
  Fifth Circuit· 2018-05-22· cited 27×
• Scott Cuthill v. Ortman-Miller MacHine Company, and J. Carter Miller, Intervenor-Appellant
  Seventh Circuit· 1954-10-14· cited 26×
• Matter of Giggles Restaurant, Inc.
  D. New Jersey· 1989-07-26· cited 26×

Cites

4 cases in this archive are cited by this case.

• Hawes v. Oakland
  Supreme Court· 1882-01-16· cited 631×
• Whittaker v. Brictson Mfg. Co.
  Eighth Circuit· 1930-09-10· cited 29×
• Groel v. United Electric Co.
  New Jersey Court of Chancery· 1905-10-02· cited 19×
• Fitzwater v. National Bank
  Supreme Court of Kansas· 1900-07-07· cited 7×

Other cases named Price v. Gurney

2 other CourtListener records share this case name.

• Price v. Gurney
  Supreme Court· 1944-10-23
• Price v. Gurney
  Supreme Court· 1945-02-26