Coppard v. Martin

BRYAN, Circuit Judge.

This is an action at.law, brought by the trustee in bankruptcy of the estate of Dollinger’s, Incorporated, to recover of the defendant Martin approximately $4,500, received by him from the bankrupt in settlement of a debt within four months prior to bankruptcy, on the theory that when the payment was made Dollinger was insolvent, and Martin had reasonable cause to believe that such payment would enable him to obtain a greater percentage of his debt than other creditors of the same class would receive in contravention of section 60a of the Bankruptcy Act (Comp. St. § 9644).