Bossak & Co. v. Coxe

WALKER, Circuit Judge.

This is an appeal from a decree which confirmed the action of the referee in disallowing and expunging a claim of the appellant against the bankrupt estate of D. I. Brousseau Company, upon the appellant refusing to surrender a payment made by the bankrupt to the appellant, which payment was found to be a voidable preference. The transaction which was held to have operated as a voidable preference was the return by the bankrupt and the acceptance by the appellant on January 27, 1921, of furs previously sold by the latter to the former; the furs returned being accepted and…