Legal Opinion
In re Frederick Speier Footwear Corp.
District Court, D. Connecticut
Decided March 17, 1955No. Civ. A. No. 26278PublishedCited by 2 opinions
1Opinion of the Court
ANDERSON, District Judge.
In December, 1950, a shoe manufacturer, Frederick Speier Footwear Company, predecessor of the bankrupt, entered into a contract with William Iselin and Company, Inc. (hereinafter called Iselin) whereby Iselin agreed to purchase the accounts receivable of the Footwear Company with the understanding that Iselin would bear any loss on any account receivable resulting from the financial inability of a customer of the Footwear Company to pay but that Iselin would not be responsible for non-payment by any such customer of its account resulting from any other cause, such as…
2Cited by2 opinions
- In the Matter of Samuel Freeman, Individually and Trading as Pedi-Tred Shoes, Bankrupt, International Shoe CompanyCourt of Appeals for the Third Circuit · 1961
- National Acceptance Company of America v. Frank S. Blackford, Trustee in Bankruptcy of the Estate of Shelco Building Corporation, BankruptCourt of Appeals for the Fifth Circuit · 1969