Legal Opinion
Paul v. B. M. Behrends Bank
District Court, D. Alaska
Decided December 20, 1950No. 6249-APublishedCited by 1 opinion
1Opinion of the Court
FOLTA, District Judge.
This is a suit by the trustee in bankruptcy to recover the fair equivalent value of certain property of the bankrupt’s estate, which has been seized and sold by the defendant under provisions of chattel mortgages which the trustee contends are fraudulent and void or at least preferential transfers under the Bankruptcy Act, 11 U. S.C.A. § 1 et seq.
The first mortgage was executed December 3, 1946 to secure a present loan of $20,000 and although nothing had been paid on the principal, the statutory period was allowed to expire June 3, 1948, without the filing of a renewal…
2Cases cited5 opinions
- Benedict v. RatnerSupreme Court of the United States · 1925
- Means v. DowdSupreme Court of the United States · 1888
- Scandinavian-American Bank v. SabinCourt of Appeals for the Ninth Circuit · 1915
- In re MinkoveDistrict Court, D. Alaska · 1918
- In re HutchingsDistrict Court, D. Alaska · 1949
3Cited by1 opinion
- Territory of Alaska ex rel. Commissioner of Veterans' Affairs v. GuerinDistrict Court, D. Alaska · 1956