Legal Opinion
In Re Hankey Baking Company
District Court, W.D. Pennsylvania
Decided November 17, 1954No. 22102PublishedCited by 11 opinions
1Opinion of the Court
GOURLEY, Chief Judge.
In this reorganization proceeding, the issue is raised as to whether the provisions of Section 57, sub. j, of the Bankruptcy Act apply to a tax penalty which has been liened of record prior to the institution of said reorganization.
Section 57, sub. j, of the Bankruptcy Act provides as follows:
“Debts owing to the United States or any State or subdivision thereof as a penalty or forfeiture shall not be allowed, except for the amount of the pecuniary loss sustained by the act, transaction, or proceeding out of which the penalty or forfeiture arose, with reasonable and actual…
2Cases cited12 opinions
- United States v. ChildsSupreme Court of the United States · 1924
- New York v. JersawitSupreme Court of the United States · 1924
- In Re Knox-Powell-Stockton Co.Court of Appeals for the Ninth Circuit · 1939
- Meilink v. Unemployment Reserves Comm'n of Cal.Supreme Court of the United States · 1942
- Kentucky Ex Rel. Unemployment Compensation Commission v. Farmers Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1943
7 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- United States v. J. Allen Harrington, Trustee, in the Matter of G. N. Childress, Dba Childress Transportation Company, BankruptCourt of Appeals for the Fourth Circuit · 1959
- In the Matter of Century Vault Company, Inc., Bankrupt, Harold J. Connor, Trustee in BankruptcyCourt of Appeals for the Third Circuit · 1969
- United States v. H. A. Phillips, Trustee for C. J. Dick Towing Company, BankruptCourt of Appeals for the Fifth Circuit · 1959
- In Re ParchemDistrict Court, D. Minnesota · 1958
- In Re Lykens Hosiery Mills, Inc.District Court, S.D. New York · 1956
6 more not listed; retrieve them via the Exa API.