Brunswick Corporation v. Howell W. Clements, Trustee in Bankruptcy for Olympic Lanes, Inc.,defendant-Appellant
Court of Appeals for the Sixth Circuit
1Opinion of the Court
BROOKS, Circuit Judge.
This is an appeal by the trustee in bankruptcy for Olympic Lanes, Inc., from an order allowing an equitable set-off. The bankrupt estate was indebted to the defendant-appellee, Brunswick Corporation, in the sum of approximately $300,000. The trustee obtained a $40,000 judgment against Brunswick for conversion and the District Court permitted this judgment to be setoff and deducted from the $300,000 indebtedness owed Brunswick. The only issue is whether the setoff should have been allowed.
In August, 1961, Olympic Lanes, Inc., purchased from Brunswick on conditional sales…
2Cases cited21 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- Cumberland Glass Manufacturing Co. v. De Witt & Co.Supreme Court of the United States · 1915
- Western Tie & Timber Co. v. BrownSupreme Court of the United States · 1905
- In Re Monongahela Rye Liquors, Inc.Court of Appeals for the Third Circuit · 1944
- Stanolind Oil & Gas Co. v. LoganCourt of Appeals for the Fifth Circuit · 1937
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- Lines v. Bank of America National Trust & Savings Ass'nDistrict Court, S.D. New York · 1990
- Windsor Communications Group, Inc. v. Havertown Printing Co. (In Re Windsor Communications Group, Inc.)District Court, E.D. Pennsylvania · 1987
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