Legal Opinion
In re General Carpet Corp.
District Court, E.D. Pennsylvania
Decided April 4, 1941No. 20544PublishedCited by 2 opinions
1Opinion of the Court
KALODNER, District Judge.
During the gaudy 20’s and the dazed 30’s many of those who had dealings with bankrupt estates regarded them as “happy hunting grounds”.
The situation became so shocking that an aroused Congress enacted the Chandler Act in 1938. In plain and unmistakable terms the Chandler Act in Sections 241, 242 and 243, 11 U.S.C.A. §§ 641, 642, 643, erected safeguards against exploitation of bankrupt estates by the prospectors for gold, who appeared to regard them as privately staked out “claims”.
Despite the plain terms of the Chandler Act governing allowances to those connected with…
2Cases cited5 opinions
- In Re Eureka Upholstering Co.Court of Appeals for the Second Circuit · 1931
- Brower v. HinesCourt of Appeals for the Second Circuit · 1934
- Crutcher v. LoganCourt of Appeals for the Fifth Circuit · 1939
- In re General Carpet Corp.Court of Appeals for the Third Circuit · 1940
- In re General Carpet Corp.District Court, E.D. Pennsylvania · 1940
3Cited by2 opinions
- Matter of Baldwin-United Corp.District Court, S.D. Ohio · 1984
- Goldie v. CoxCourt of Appeals for the Eighth Circuit · 1942