Legal Opinion
Stone v. Allied Clothing Corp.
New Jersey Court of Chancery
Decided July 8, 1947No. Docket 129/705PublishedCited by 11 opinions
1Opinion of the Court
This is a suit by a trustee in bankruptcy to set aside transfers made by the bankrupt while insolvent and within four months before the filing of the petition in bankruptcy. When the cause first came to final hearing, I found that the trustee had not sustained the burden of proving that the transferees knew or had reasonable cause to believe that the debtor was insolvent, and therefore I advised a decree dismissing the bill. Upon appeal, the Court of Errors and Appeals ordered that the decree "be and the same is hereby in all things reversed, set aside and for nothing holden with costs of…
2Cases cited19 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Coder v. ArtsSupreme Court of the United States · 1909
- Dean v. DavisSupreme Court of the United States · 1917
- Corn Exchange National Bank & Trust Co. v. KlauderSupreme Court of the United States · 1943
- Van Iderstine v. National Discount Co.Supreme Court of the United States · 1913
14 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Coleman American Moving Services, Inc. v. First National Bank & Trust Co. of Kearney (In Re American Properties, Inc.)United States Bankruptcy Court, D. Kansas · 1981
- SP Dunham & Co. v. KudraNew Jersey Superior Court Appellate Division · 1957
- Newark Slip Contracting Co., Inc. v. New York Credit Men's Adjustment Bureau, IncCourt of Appeals for the Second Circuit · 1951
- Kalio Universal, Inc. v. BAM, INC.New Jersey Superior Court Appellate Division · 1967
- In Re Midway Airlines, Inc.United States Bankruptcy Court, N.D. Illinois · 1994
6 more not listed; retrieve them via the Exa API.