Opinion · Supreme Court of the United States

Pan American World Airways, Inc. v. United States

Pan Am. World Airways, Inc. v. United States, 368 U.S. 964 (1962)

Type
Opinion
Court
Supreme Court of the United States
Jurisdiction
Federal
Date
1962-01-15
Topic
bankruptcy

How later courts describe this case

  • shareholder becomes a creditor of the corporation when the board of directors, exercising its discretionary power, authorizes the payment of dividends

Citator

UpLaw has not yet analyzed Pan American World Airways, Inc. v. United States. The absence of a flag is not a finding that it is good law.

Cited by
8 opinions

Appeal from the United States District Court for the Southern District of New York. Further consideration of the question of jurisdiction postponed to the hearing of the case on the merits.