In re Prudential Outfitting Co. of Delaware
District Court, S.D. New York
In Bankruptcy. In the matter of the bankruptcy of the Prudential Outfitting Company of Delaware, Incorporated. On motion by the Corn Exchange Bank to set aside a sale by the referee. This is a motion to sot aside a sale made by a referee in bankruptcy and confirmed by the referee in the above-entitled case.
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In Bankruptcy. In the matter of the bankruptcy of the Prudential Outfitting Company of Delaware, Incorporated. On motion by the Corn Exchange Bank to set aside a sale by the referee. This is a motion to sot aside a sale made by a referee in bankruptcy and confirmed by the referee in the above-entitled case. The application is made by a creditor of the bankrupt under circumstances herein set forth: The bankrupt, a commercial corporation, was adjudicated on December 11, 1917, and in the same month a committee of three creditors was organized to form a plan of reorganization. Some time about the…
1Opinion of the CourtLearned Hand, District Judge
(after stating the facts as above). [1] I cannot see what standing the receiver has in this proceeding. He is discharged, and I cannot recognize him as having any interest in the proceedings. An affidavit is presented on behalf of the bidder through another attorney, and although the property has been transferred to the reorganized corporation he may perhaps be said *506to have an interest. However, both the bidder and the reorganized corporation were served with the order and are parties hereto, and I shall accept the attorney for the receiver as representing them for the purposes of the…
2Cases cited3 opinions
- In re Northampton Portland Cement Co.District Court, E.D. Pennsylvania · 1911
- In re J. B. & J. M. Cornell Co.District Court, S.D. New York · 1911
- In re WoodendDistrict Court, S.D. New York · 1904
3Cited by3 opinions
- Detroit Trust Co. v. Stormfeltz-Loveley Co.Michigan Supreme Court · 1932
- Coriell v. Morris White, Inc.Court of Appeals for the Second Circuit · 1931
- In Re Standard Gas & Electric Co.District Court, D. Delaware · 1945