1. Taylor v. Standard Gas & Electric Co., No. 312, SUPREME COURT OF THE UNITED STATES, January 5, 1939, Argued , February 27, 1939, Decided
OVERVIEW: The Court disallowed a bankruptcy reorganization plan because the parent corporation caused the debtor, a subsidiary corporation, to pay large preferred dividends to prevent stockholders of the subsidiary from having a vote and a voice in management.
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