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KLEIN v. LEADER ELECTRIC CORPORATION

No. 48 C 425.

81 F.Supp. 624 (1948)

KLEIN v. LEADER ELECTRIC CORPORATION (FIRST NAT. BANK OF CHICAGO, Third-Party Defendant).

United States District Court N. D. Illinois, E. D.

November 17, 1948.

Attorney(s) appearing for the Case

Collen & Kessler, of Chicago, Ill., for Klein.

Miller, Gorham, Wescott & Adams, of Chicago, Ill., for Leader.

Amberg, Kearns & Dahlin, of Chicago, Ill., for First Nat. Bank.

CAMPBELL, District Judge.

Plaintiff brought this action seeking reclamation of certain property, or its money value, transferred by the Bankrupt to Leader Electric Corporation within four months prior to the filing of a petition in bankruptcy against the Bankrupt. The complaint alleged that (a) the transfer of certain goods and fixtures was fraudulent under Section 67, sub. d(3) of the Bankruptcy Act, 11 U.S.C.A. § 107, sub. d(3), inasmuch as the proceeds were...

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