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MANHATTAN PROP. v. IRVING TR. CO.

No. 505.

291 U.S. 320 (1934)

MANHATTAN PROPERTIES, INC. v. IRVING TRUST CO., TRUSTEE IN BANKRUPTCY.

Supreme Court of United States.

Decided February 5, 1934.

Attorney(s) appearing for the Case

Mr. William D. Mitchell, with whom Messrs. C. Dickerman Williams, Rollin Browne, Ralph Montgomery Arkush, and Amos J. Peaslee were on the brief, for petitioners.

Mr. Frederick H. Wood, with whom Messrs. Harold L. Fierman and William D. Whitney were on the brief, for respondent.

MR. JUSTICE ROBERTS delivered the opinion of the Court.

These cases present the question whether a landlord may prove in bankruptcy for loss of rents payable in the future, where the claim is founded upon the bankrupt's covenant to pay rent, and, in the alternative, upon his breach of a covenant that in event of bankruptcy, the landlord may reenter, and if he does, the tenant will indemnify him against loss of rents for the...

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