Legal Opinion
In re McGrath
District Court, S.D. New York
Decided December 19, 1979No. Bankruptcy No. 78 B 886PublishedCited by 1 opinion
1Opinion of the Court
DECISION ON COMPLAINT OF DAVID E. WALTERS OBJECTING TO BANKRUPT’S DISCHARGE
HOWARD SCHWARTZBERG, Bankruptcy Judge.
Plaintiff, David E. Walters, has filed a complaint against the bankrupt, who was president of Sound Yachts Inc. [a bankrupt corporation] for inducing plaintiff to extend credit based upon the bankrupt’s publication of a materially false financial statement within the meaning of § 14c(3) of the Bankruptcy Act. The bankrupt, William K. McGrath, has denied the allegations in the complaint. The matter came on for trial, at which time both parties testified and introduced evidence,…
2Cases cited10 opinions
- Sweet v. Ritter Finance CompanyDistrict Court, W.D. Virginia · 1967
- In re TabibianCourt of Appeals for the Second Circuit · 1961
- Kentile Floors, Inc. v. Clifford L. Winham and Corinne Winham, BankruptsCourt of Appeals for the Ninth Circuit · 1971
- James Kendall Clancy v. The First National Bank of Colorado SpringsCourt of Appeals for the First Circuit · 1969
- In the Matter of Louis C. Ostrer, Bankrupt-Appellant, the Meadow Brook National Bank, Objecting Creditor-AppelleeCourt of Appeals for the Second Circuit · 1968
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3Cited by1 opinion
- Fournet v. Miller (In Re Miller)United States Bankruptcy Court, W.D. Louisiana · 1980