Schuyler v. Littlefield
Supreme Court of the United States
APPEAL FROM THE CIRCUIT COURT OF APPEALS FOR THE SECOND CIRCUIT. The facts, which involve determining the relative rights to the bank balance of a bankrupt stockbroker, of the trustee and of a customer whose securities the bankrupt had sold, are stated in the opinion.
1Opinion of the CourtJustice Lamar
This record presents for determination another of the many questions arising out of the tangled and complicated affairs of Brown & Co., stockbrokers of New York City, who made an assignment on August 25, 1908, and who were subsequently adjudged bankrupts. The proceeding is by Schuyler, Chadwick & Burnham, to recover trust funds which they claim to have traced into the possession of Brown & Company’s Trustee in bankruptcy. The case involves an application of the rule that where one has deposited trust funds in his individual bank account and the mingled fund is at any time wholly depleted the…
2Cited by136 opinions
- Cunningham v. BrownSupreme Court of the United States · 1924
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- Merrill v. Abbott (In Re Independent Clearing House Co.)United States Bankruptcy Court, D. Utah · 1984
- The Depot, Inc. v. Caring for Montanans, Inc.Court of Appeals for the Ninth Circuit · 2019
- Connecticut General Life Insurance Company v. Universal Insurance Company, Hector Manuel Rodriguez-Estrada, Connecticut General Life Insurance Company v. Universal Insurance Company, Connecticut General Life Insurance Company v. Universal Insurance CompanyCourt of Appeals for the First Circuit · 1988
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