Legal Opinion
In re D. T. Bohon Co.
District Court, E.D. Kentucky
Decided June 14, 1937PublishedCited by 1 opinion
1Opinion of the Court
FORD, District Judge.
On March 27, 1937, certain real estate, which was appraised at $12,000, was offered for sale at public auction by the trustee of this bankrupt estate, subject to confirmation by the court. The highest bid for the property was $5,650. The trustee and numerous creditors filed objections to the confirmation pf the sale upon the ground that the bid, being less than 50 per cent, of the appraised value, was inadequate. The bidders insisted upon confirmation. The referee adjudged the bid to be inadequate and refused to confirm the sale.
The cause is now submitted upon the…
2Cases cited4 opinions
- Kowalsky v. American Employers Ins. Co.Court of Appeals for the Sixth Circuit · 1937
- Jacobsohn v. LarkeyCourt of Appeals for the Third Circuit · 1917
- In re Wolke Lead Batteries Co.Court of Appeals for the Sixth Circuit · 1923
- Bryant v. Charles L. Stockhausen Co.Court of Appeals for the Fourth Circuit · 1921
3Cited by1 opinion
- Freedman v. BrownDistrict Court, D. Massachusetts · 1941