Legal Opinion
Wood v. National City Bank
Court of Appeals for the Second Circuit
Decided March 5, 1928No. 174PublishedCited by 10 opinions
1Opinion of the CourtL. Hand, Circuit Judge
(after stating the facts as above).
It is impossible from the bill to learn just what the plaintiff meant to allege. On the one hand, he may have meant only that, when the dividends were paid, the corporate assets did not equal its debts together with the aggregate amount of its corporate shares, considered as a liability, and that the payments left the assets insufficient to pay the shares in full. On the other hand, he may have meant that the assets were not at those times enough to pay the debts; that is, that the corporation was insolvent, as that word is used in the Bankruptcy Act (11…
2Cases cited25 opinions
- Hollins v. Brierfield Coal & Iron Co.Supreme Court of the United States · 1893
- Central Bank of Washington v. HumeSupreme Court of the United States · 1888
- McDonald v. WilliamsSupreme Court of the United States · 1899
- Wabash, St. Louis & Pacific Railway Co. v. HamSupreme Court of the United States · 1885
- Smith v. . ReidNew York Court of Appeals · 1892
20 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- United States v. Samuel Neidorf and Maria Glickman, of the Estate of Mannes n.glickmanCourt of Appeals for the Ninth Circuit · 1975
- Mancuso v. Champion (In Re Dondi Financial Corp.)United States Bankruptcy Court, N.D. Texas · 1990
- Isaacs v. NeeceCourt of Appeals for the Fifth Circuit · 1935
- In the Matter of Kettle Fried Chicken of America, Inc., Bankrupt (Two Cases). Jesse W. Stanley v. Dan D. Brock, Jr., Trustee in Bankruptcy, William W. Scalf v. Dan D. Brock, Jr., Trustee in BankruptcyCourt of Appeals for the Sixth Circuit · 1975
- Automatic Canteen Co. of America v. WhartonCourt of Appeals for the Second Circuit · 1966
5 more not listed; retrieve them via the Exa API.