Legal Opinion

In the Matter of James P. Butler, Bankrupt. James P. Butler, Bankrupt

Court of Appeals for the Third Circuit

Decided March 21, 1969No. 17281_1PublishedCited by 8 opinions

1Opinion of the Court

OPINION OF THE COURT

2Per curiam

James P. Butler, an individual bankrupt, appeals from an order of the district court affirming the referee’s denial of his discharge in bankruptcy. A discharge was denied under Section 14(c) (3) of the Bankruptcy Act (11 U.S.C.A. § 32(e) (3)),1 because it was found that the bankrupt, as a corporate executive, caused a bank to loan money to the corporation on the basis of false corporate financial statements. The case arose in the following way.

The Miller & Van Winkle Company, a New Jersey corporation, obtained a $50,-000 loan from the Franklin Bank on a demand note…

3Cases cited4 opinions

  1. Morimura, Arai & Co. v. TabackSupreme Court of the United States · 1929
  2. Schapiro v. Tweedie Foot Wear Corp.Court of Appeals for the Third Circuit · 1942
  3. In re FinnCourt of Appeals for the Third Circuit · 1941
  4. In the Matter of Albert M. Barbato, Bankrupt, Royal Indemnity Company, a Corporation of the State of New York, a CreditorCourt of Appeals for the Third Circuit · 1968

4Cited by8 opinions

  1. HCC Consumer Discount Co. v. Tomeo (In Re Tomeo)United States Bankruptcy Court, E.D. Pennsylvania · 1979
  2. Beneficial Consumer Discount Co. v. Barrett (In Re Barrett)United States Bankruptcy Court, E.D. Pennsylvania · 1980
  3. In the Matter of James P. Butler, Bankrupt, James P. ButlerCourt of Appeals for the Third Circuit · 1970
  4. Bartolotta v. LutzCourt of Appeals for the Fifth Circuit · 1973
  5. In re WeinrothCourt of Appeals for the Third Circuit · 1971

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