Philadelphia Co. v. Dipple

This case presents a problem similar to that involved in Palmer v. Webster & Atlas National Bank, ante, p. 156. Here the debtor instituted a reorganization proceeding under § 77B of the Bankruptcy Act (now chapter X of that Act) 1 and the question presented is whether the trustees should be directed to pay taxes owed by corporations whose properties the debtor .operated under leases and operating agreements and the trustees continued to operate. Although the courts below did not refer to the Act of June 18, 1934, 2 the petitioners’ insistence that the decision of the Circuit Court of Appeals…