Legal Opinion

Levy v. Carter Rice & Co.

Supreme Court of Connecticut

Decided November 29, 1949PublishedCited by 8 opinions

1Opinion of the CourtJennings, J.

The trustee in bankruptcy of Bochan Brothers, Inc., brought suit to recover the value of a quantity of paper which Bochan had returned to the defendant for credit, claiming that the transaction amounted to a voidable preference under § 60b of the Bankruptcy Act. 52 Stat. 870, 11 U. S. C. § 96 (b). Under the act, a preference is voidable if the creditor who receives property of the bankrupt has, at the time of the transfer, “reasonable cause to believe that the debtor is insolvent.” The trial court rendered judgment for the defendant and the plaintiff appealed.

The following facts were…

2Cases cited9 opinions

  1. State v. TolisanoSupreme Court of Connecticut · 1949
  2. Horowitz v. F. E. Spencer Co.Supreme Court of Connecticut · 1945
  3. Kilpatrick v. KilpatrickSupreme Court of Connecticut · 1937
  4. Mower v. State Department of HealthSupreme Court of Connecticut · 1928
  5. Frosch v. Sears, Roebuck & Co.Supreme Court of Connecticut · 1938

4 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. Willow Springs Condominium Ass'n v. Seventh BRT Development Corp.Supreme Court of Connecticut · 1998
  2. Strimiska v. YatesSupreme Court of Connecticut · 1969
  3. Schaller v. Roadside Inn, Inc.Supreme Court of Connecticut · 1966
  4. State v. PeriereSupreme Court of Connecticut · 1982
  5. Flaherty v. SchettinoSupreme Court of Connecticut · 1949

3 more not listed; retrieve them via the Exa API.

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