ALCOTT COMPANY v. RAPHAEL

No. 17938.

275 F.2d 551 (1960)

ALCOTT COMPANY, Inc., Appellant, v. E. J. RAPHAEL, Trustee in Bankruptcy of J. P. Shepherd Lumber Company, Inc., Appellee.

United States Court of Appeals Fifth Circuit.

March 8, 1960.


Attorney(s) appearing for the Case

Philip Mansour, Greenville, Miss., for appellant.

W. C. Keady, R. T. Love, Greenville, Miss., for appellee.

Before RIVES, Chief Judge, and HUTCHESON and TUTTLE, Circuit Judges.


TUTTLE, Circuit Judge.

This is an appeal from a judgment in favor of a trustee in bankruptcy setting aside a conveyance of real estate by the bankrupt corporation to appellant, its stockholder, under the provisions of Section 70, sub. e of the Bankruptcy Act.1

In determining whether there was a voidable conveyance which the trustee may set aside, we must look to the state law, Gonterman v. Nicholas, 5 Cir., 270...

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