Legal Opinion
Irving Trust Co. v. Bank of America Nat. Ass'n
Court of Appeals for the Second Circuit
Decided January 8, 1934No. 94PublishedCited by 7 opinions
1Opinion of the Court
SWAN, Circuit Judge.
Broomhall, Killough & Co., Inc., a dealer in stocks and bonds, was adjudicated bankrupt upon its voluntary petition filed July 3, 1930. On the afternoon of the preceding day the bankrupt, being then insolvent, made a deposit in its account with the defendant bank, and $82,156.58 thereof was applied to the payment of a “day loan” which the bank had granted earlier in the day. The bank received the deposit under circumstances which gave it reasonable cause to believe that a preference would be effected thereby, unless as a matter of law the day loan agreement justified…
2Cases cited26 opinions
- Cunningham v. BrownSupreme Court of the United States · 1924
- Thompson v. FairbanksSupreme Court of the United States · 1905
- Richardson v. ShawSupreme Court of the United States · 1908
- National City Bank of NY v. HotchkissSupreme Court of the United States · 1913
- Benedict v. RatnerSupreme Court of the United States · 1925
21 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Mazer v. Aetna Finance Co. (In Re Zuni)United States Bankruptcy Court, D. New Mexico · 1980
- Official Committee of Unsecured Creditors of 360Networks (USA) Inc. v. AAF-McQuay, Inc. (In Re 360Networks (USA) Inc.)United States Bankruptcy Court, S.D. New York · 2005
- Bachner v. RobinsonCourt of Appeals for the Second Circuit · 1939
- Erman v. Armco, Inc. (In Re Formed Tubes, Inc.)United States Bankruptcy Court, E.D. Michigan · 1984
- Sammet v. MayerCourt of Appeals for the Second Circuit · 1939
2 more not listed; retrieve them via the Exa API.