1. Home
  2. Browse Decisions
  3. U.S.
  4. 338 U.S.
  5. 338 U.S. 304 (1949)
 

MANUFACTURERS TR. CO. v. BECKER

No. 55.

338 U.S. 304 (1949)

MANUFACTURERS TRUST CO., TRUSTEE, v. BECKER ET AL.

Supreme Court of United States.

Decided November 21, 1949.

Attorney(s) appearing for the Case

Edward K. Hanlon argued the cause and filed a brief for petitioner.

David W. Kahn argued the cause and filed a brief for respondents.

Solicitor General Perlman, Roger S. Foster, David Ferber and W. Victor Rodin filed a brief for the Securities & Exchange Commission, as amicus curiae, urging reversal.

MR. JUSTICE CLARK delivered the opinion of the Court.

This proceeding in bankruptcy is on objections to the allowance of claims equal to the principal amount of bonds of the debtor acquired at a discount during its insolvency by close relatives and an office associate of directors of debtor. Petitioner's objection that equitable considerations require limitation of the claims was dismissed by the referee, and the District Court affirmed. 80 F.Supp...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases