In re Berler Shoe Co.
District Court, S.D. New York
In Bankruptcy. In the matter of the Berler Shoe Company, Incorporated, bankrupt. On motion to confirm report of special master.
1Opinion of the Court
AUGUSTUS N. HAND, District Judge.
This is a motion to confirm the report of the special master recommending that an offer of composition for 20 per cent, in cash should not be confirmed because the master had not satisfied himself: (1) That it is for the best interest of the creditors; or (2) that the offer and its acceptance are in good faith.
Oscar Berler, a retail shoe dealer, went into bankruptcy in May, 1915, and thereafter effected a composition with his creditors of 60 per cent. Of this 60 per cent. 10 per cent, was paid in cash, and 50 per cent, in notes of the Berler Shoe Company,…
2Cases cited3 opinions
- In re Jassoy Co.Court of Appeals for the Second Circuit · 1910
- Courtney v. GeorgerCourt of Appeals for the Second Circuit · 1915
- Breck v. BrewsterAppellate Division of the Supreme Court of the State of New York · 1912
3Cited by6 opinions
- In re PalmerDistrict Court, S.D. New York · 1932
- In re JablowCourt of Appeals for the Second Circuit · 1926
- C. J. Farley & Co. v. StollMichigan Supreme Court · 1930
- Brown v. WatsonAppellate Division of the Supreme Court of the State of New York · 1955
- In re North Eastern Shoe Co.District Court, D. Maine · 1931
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