Legal Opinion

Rena C. Leo, of the Estate of Dr. Louis S. Leo, Deceased, Petitioning Creditor v. L & M Realty Corporation, a Virginia Corporation, Alleged Bankrupt

Court of Appeals for the Fourth Circuit

Decided December 6, 1955No. 7070PublishedCited by 4 opinions

1Opinion of the Court

PARKER, Chief Judge.

This is an appeal from an order dismissing a petition of the Executrix of Dr. Louis S. Leo asking that the L & M Realty Corporation be adjudged an involuntary bankrupt because of alleged preferential payments made to two banks while the corporation was insolvent.

All of the stock of the corporation was owned by Dr. Leo and a Dr. Myers. The corporation was indebted to Leo in the sum of $17,501.85 and to Myers in approximately the same amount. It owed no other debts except $14,000 to two banks, evidenced by notes indorsed by both Leo and Myers. After the death of Leo, while…

2Cases cited9 opinions

  1. Pepper v. LittonSupreme Court of the United States · 1939
  2. Sampsell v. Imperial Paper & Color Corp.Supreme Court of the United States · 1941
  3. Swarts v. Fourth National BankCourt of Appeals for the Eighth Circuit · 1902
  4. American Surety Co. v. Westinghouse Electric Manufacturing Co.Supreme Court of the United States · 1935
  5. American Surety Co. of NY v. SampsellSupreme Court of the United States · 1946

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

3Cited by4 opinions

  1. L & M Realty Corporation, Alleged Bankrupt v. Rena C. Leo, of the Estate of Dr. Louis S. Leo, Deceased, Petitioning CreditorCourt of Appeals for the Fourth Circuit · 1957
  2. Harry Bates, and Cross-Appellee v. R. D. Werner Company, Inc., and Cross-AppellantCourt of Appeals for the Sixth Circuit · 1970
  3. In re L & M Realty Corp.District Court, E.D. Virginia · 1957
  4. Rena C. Leo, of the Estate of Dr. Louis S. Leo, Deceased, Petitioning Creditor v. L & M Realty Corporation, a Virginia Corporation, Alleged BankruptCourt of Appeals for the Fourth Circuit · 1955

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