In re Byrne

(after stating the facts as above). The appellants have quite misapprehended their rights and have j>roceeded throughout on the assumption that they are entitled to the same relief in bankruptcy as they would have had against the bankrupts in personam. Their claim is not that, but against the res administered in the bankruptcy court. To get any standing, except as general creditors, they must identify the original assets, or trace them into other specific funds which came into the trustee’s hands. It is not enough to show that they were converted by the bankrupts, or indeed that they may have…