WOODS v. CITY BANK CO.

Nos. 281 and 282.

312 U.S. 262 (1941)

WOODS, COURT TRUSTEE, v. CITY NATIONAL BANK AND TRUST CO. OF CHICAGO ET AL.

Supreme Court of United States.

Decided February 3, 1941.


Attorney(s) appearing for the Case

Mr. Weightstill Woods for petitioner.

Mr. Vincent O'Brien, with whom Mr. Tracy Wilson Buckingham was on the brief, for respondents.


MR. JUSTICE DOUGLAS delivered the opinion of the Court.

The basic question involved in this case concerns the power of the District Court in proceedings under Ch. X of the Chandler Act1 (52 Stat. 840) to disallow claims for compensation and reimbursement on the grounds that the claimants were serving dual or conflicting interests. The claimants, respondents here, are an indenture trustee, a bondholders' committee, and the committee's counsel...

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