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Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416 (1972)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416 (1972)
Caplin v. Marine Midland Grace Trust Co. of New York No. 70-220 Argued March 28, 1972 Decided May 22, 1972 406 U.S. 416
CERTIORARI TO THE UNITED STATES COURT OF APPEALS
FOR THE SECOND CIRCUIT
Syllabus
Petitioner, the trustee of Webb & Knapp, Inc., under Chapter X of the Bankruptcy Act, does not have standing to assert, on behalf of holder of debentures issued by Webb & Knapp, claims of misconduct by an indenture trustee. Pp. 417-435.
439 F.2d 118, affirmed.
MARSHALL, J., delivered the opinion of the Court, in which BURGER, C.J., and STEWART, POWELL, and REHNQUIST, JJ., joined. DOUGLAS, J., filed a dissenting opinion, in which BRENNAN, WHITE, and BLACKMUN, JJ., joined, post, p. 435.
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Chicago: U.S. Supreme Court, "Syllabus," Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416 (1972) in 406 U.S. 416 Original Sources, accessed November 24, 2024, http://originalsources.com/Document.aspx?DocID=SDILGPEK8FMW9D7.
MLA: U.S. Supreme Court. "Syllabus." Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416 (1972), in 406 U.S. 416, Original Sources. 24 Nov. 2024. http://originalsources.com/Document.aspx?DocID=SDILGPEK8FMW9D7.
Harvard: U.S. Supreme Court, 'Syllabus' in Caplin v. Marine Midland Grace Trust Co., 406 U.S. 416 (1972). cited in 1972, 406 U.S. 416. Original Sources, retrieved 24 November 2024, from http://originalsources.com/Document.aspx?DocID=SDILGPEK8FMW9D7.
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