Ely v. Greenbaum

AUGUSTUS N. HAND, Circuit Judge.

This is an action by the trustee in bankruptcy of Favorite Manufacturing Company, Inc., to set aside ’ certain payments made by the bankrupt to the defendant who was one of its creditors on the' ground that they were preferences. The petition in bankruptcy was filed on March 24, 1932, and the bankrupt was adjudicated on April 11 of that year. The payments in question were made to the defendant on the following dates:

1931

Dec. 14 $10,000

Dec. 31; 2,500

1932

Jan. 11 2,500

Jan. 20 1,400

March 7 1,000

$17,400

The jury allowed recovery of all of the above items.

The…