HUNT, Circuit Judge (after stating the facts as above).
It is well established that ordinarily where the alleged act of bankruptcy is that the creditor has made a general assignment, those who have assented to the assignment cannot be parties to a petition to have the one who has made the assignment declared a bankrupt. The obvious reason is that, by accepting the assignment, the signing creditors have released their claims against the assignor and in lieu thereof...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
