Legal Opinion

Reifsnyder v. B. Levy & Son

Court of Appeals for the Third Circuit

Decided February 10, 1937No. 6163PublishedCited by 5 opinions

1Opinion of the Court

BUFFINGTON, Circuit Judge.

In this case it appears that on November 5, 1934, a petition in bankruptcy was filed against the Scranton Knitting Mills, Inc., and thereafter it was adjudicated bankrupt. It further appears that at the date of its organization and since Jacob Levy and I. Gates Levy were directors thereof and the former was its treasurer. The two Levys had guaranteed payment of accounts owed by the bankrupt and, with knowledge of the company’s insolvency and shortly before bankruptcy, they took the money of the bankrupt from the bank where it was deposited and used it to pay the…

2Cases cited2 opinions

  1. Kreisher v. SpiegelCourt of Appeals for the Second Circuit · 1923
  2. Klineschmidt v. SchmidtCourt of Appeals for the Seventh Circuit · 1932

3Cited by5 opinions

  1. In Re RidingUnited States Bankruptcy Court, D. Utah · 1984
  2. Rabinovitz v. OughtonCourt of Appeals for the Third Circuit · 1937
  3. In Re Universal Money Order Co.District Court, S.D. New York · 1977
  4. William B. Teasdale, Trustee in Bankruptcy of Royal Laundries, Inc., and Royal Cleaners, Inc. v. Charles D. Robinson and June RobinsonCourt of Appeals for the Eighth Circuit · 1961
  5. Schmitt v. LumbardDistrict Court, S.D. New York · 1977

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