Legal Opinion
Foster v. Manufacturers' Finance Co.
Court of Appeals for the First Circuit
Decided November 19, 1927No. 2171PublishedCited by 7 opinions
1Opinion of the Court
ANDERSON, Circuit Judge.
The facts of controlling importance in this bankruptcy preference case are within narrow compass.
The bankrupt, Sullivan, assigned to the Finance Company about $60,000 of bills receivable, designated specifically. Of these, about $49,000 were forgeries. In March, 1925, the representative of the Finance Company examined Sullivan’s books, discovered the fraud, and procured from Sullivan, by way of-partial substitution for the forged accounts, assignments of about $10,000 of valid receivables. It is conceded that the Finance Company then had reasonable cause to believe…
2Cases cited10 opinions
- Thompson v. FairbanksSupreme Court of the United States · 1905
- Sexton v. Kessler & Co.Supreme Court of the United States · 1912
- Westall v. WoodMassachusetts Supreme Judicial Court · 1912
- Pyle v. Texas Transport & Terminal Co.Supreme Court of the United States · 1915
- Atherton v. BeamanCourt of Appeals for the First Circuit · 1920
5 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Voltz v. Treadway & MarlattCourt of Appeals for the Sixth Circuit · 1932
- Pittman v. Union Planters Nat. Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1941
- Diana Compania Maritima, S.A. of Panama v. Subfreights of the S.S. Admiralty FlyerDistrict Court, S.D. New York · 1968
- Lancaster v. First National Bank of Greeneville (In Re Cloyd)United States Bankruptcy Court, E.D. Tennessee · 1982
- In Re Ace Fruit & Produce Co.District Court, S.D. New York · 1943
2 more not listed; retrieve them via the Exa API.