32 195 Caplin v. Marine Midland Grace Trust Company of New York 8212 220, No. 70

CourtUnited States Supreme Court
Writing for the CourtMARSHALL
Citation32 L.Ed.2d 195,406 U.S. 416,92 S.Ct. 1678
Parties. 32 L.Ed.2d 195 Mortimer M. CAPLIN, etc., Petitioner, v. The MARINE MIDLAND GRACE TRUST COMPANY OF NEW YORK. —220
Docket NumberNo. 70
Decision Date22 May 1972
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394 practice notes
  • Picard v. JPMorgan Chase & Co., Nos. 11 civ. 913(CM)
    • United States
    • United States District Courts. 2nd Circuit. United States District Courts. 2nd Circuit. Southern District of New York
    • 1 Noviembre 2011
    ...assert claims held by the bankrupt corporation itself.” Wagoner, 944 F.2d at 118 (citing Caplin v. Marine Midland Grace Trust Co. of N.Y., 406 U.S. 416, 92 S.Ct. 1678, 32 L.Ed.2d 195 (1972)); see also Wornick v. Gaffney, 544 F.3d 486, 490 (2d Cir.2008); Wight, 219 F.3d at 86; In re Mediator......
  • Zazzali v. Hirschler Fleischer, P.C., C.A. No. 11–614–LPS.
    • United States
    • United States District Courts. 3th Circuit. United States District Court (Delaware)
    • 21 Agosto 2012
    ...of its argument that the Trustee lacks standing, Defendant primarily relies on three cases: Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416, 92 S.Ct. 1678, 32 L.Ed.2d 195 (1972); Williams v. Cal. 1st Bank, 859 F.2d 664 (9th Cir.1988); and Trenwick Am. Litig. Trust v. Ernst & Young, L......
  • Butler v. Candlewood Rd. Partners, LLC (In re Raymond), Case No. 13–16214–JNF
    • United States
    • United States Bankruptcy Courts. First Circuit. U.S. Bankruptcy Court — District of Massachusetts
    • 17 Abril 2015
    ...to assert any claim on behalf of the creditors when the cause of action belongs solely to them. Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416, 434, 92 S.Ct. 1678, 32 L.Ed.2d 195 (1972).* * *An examination of the Complaint shows that the claims asserted belong solely to the creditor......
  • In re Canyon Systems Corp., Bankruptcy No. 97-33774.
    • United States
    • United States Bankruptcy Courts. Sixth Circuit. U.S. Bankruptcy Court — Southern District of Ohio
    • 31 Marzo 2006
    ...claims belonging solely to the estate's creditors emerged from the Supreme Court's decision in Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416, 92 S.Ct. 1678, 32 L.Ed.2d 195 (1972). There, the bankruptcy trustee attempted to assert claims of misconduct by an indenture trustee on beha......
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388 cases
  • Zazzali v. Hirschler Fleischer, P.C., C.A. No. 11–614–LPS.
    • United States
    • United States District Courts. 3th Circuit. United States District Court (Delaware)
    • 21 Agosto 2012
    ...of its argument that the Trustee lacks standing, Defendant primarily relies on three cases: Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416, 92 S.Ct. 1678, 32 L.Ed.2d 195 (1972); Williams v. Cal. 1st Bank, 859 F.2d 664 (9th Cir.1988); and Trenwick Am. Litig. Trust v. Ernst & Young, L......
  • Jurista v. Amerinox Processing, Inc., Civ. No.12-3825 (NLH/JS)
    • United States
    • United States District Courts. 3th Circuit. United States District Courts. 3th Circuit. District of New Jersey
    • 28 Marzo 2013
    ...have asserted." In re D.H. Overmyer Telecasting Co., 56 B.R. 657, 661 (N.D. Oh. 1986) (citing Caplin v. Marine Midland Grace Tr. Co., 406 U.S. 416, 429 (1972)) (further citation omitted). In other words, the representative can only wear one pair of shoes when standing before the court: he c......
  • Davis v. The Merv Griffin Co., Civ. A. No. 90-496 (JFG).
    • United States
    • United States District Courts. 3th Circuit. United States District Courts. 3th Circuit. District of New Jersey
    • 29 Enero 1991
    ...to bring suit on the claims. In so holding, the Ninth Circuit relied on the pre-code case of Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416, 92 S.Ct. 1678, 32 L.Ed.2d 195 (1972) wherein the Supreme Court held that a reorganization trustee under Chapter X had no standing under the fo......
  • Picard v. Avellino (In re Bernard L. Madoff Inv. Sec. LLC), Adv. Proc. No. 08–01789(SMB)
    • United States
    • United States Bankruptcy Courts. Second Circuit. U.S. Bankruptcy Court — Southern District of New York
    • 21 Julio 2016
    ...Trust under the Trust Agreement dated May 18, 1992. (¶ 35.)25 The Defendants reliance on Caplin v. Marine Midland Grace Trust Co. of N.Y., 406 U.S. 416, 92 S.Ct. 1678, 32 L.Ed.2d 195 (1972) and its progeny similarly lacks merit. Those cases stand for the proposition that a bankruptcy truste......
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1 books & journal articles

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