Legal Opinion

In re Berkowitz

District Court, D. New Jersey

Decided April 15, 1908PublishedCited by 5 opinions

In the matter of Leon M. Berkowitz, bankrupt. On review of orders of referee.

1Opinion of the Court

LANNING, District Judge.

The Bei-kowitz Tailoring Company was incorporated shortly before the petition in bankruptcy was filed. The bankrupt was then insolvent, and conveyed all his assets to the company for an alleged consideration of $1,500. The incorporators were the bankrupt and three of his brothers-in-law. These brothers-in-law seem to have paid into the corporation, for its capital stock, the sum of $2,000, and the bankrupt $25. The brothers-in-law made no inquiry concerning the quantity or value of the property transferred to the company by the bankrupt, and have nothing whatever to do…

2Cases cited2 opinions

  1. In re BerkowitzDistrict Court, D. New Jersey · 1908
  2. In re SiebertDistrict Court, D. New Jersey · 1904

3Cited by5 opinions

  1. Sampsell v. Imperial Paper & Color Corp.Supreme Court of the United States · 1941
  2. Hudson v. WylieCourt of Appeals for the Ninth Circuit · 1957
  3. Hudson v. WylieCourt of Appeals for the Ninth Circuit · 1957
  4. In re Iron Clad Mfg. Co.District Court, E.D. New York · 1912
  5. In re ResnekDistrict Court, S.D. New York · 1917

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