IRVING NATIONAL BANK, ETC.

v.

THOMAS M. BLAKE ET AL., RECEIVERS, ETC.

Citator

Cited By

• The Farmers Bank OF Clinton v. Vance Julian in Bankruptcy of Roby C. Woody, 383 F.2d 314 (8th Cir. 1967)
  …assets among his creditors of like class. If a transaction, or series of transactions in their entirety do not interfere with this purpose it does not constitute a voidable preference. Walker v. Wilkinson, 296 F. 850, 852 (5 Cir. 1924), cert. denied 265 U.S. 596, 44 S.Ct. 639, 68 L.Ed. 1198. There is, of course, a particular class of cases which the statute itself allows an offset against the recovery of a preference. Section 60(e) of the Bankruptcy Act provides: “If a creditor has been preferred, and afte…
• Palmer v. Radio Corp. OF Am., 453 F.2d 1133 (5th Cir. 1971)
  …. 633, 56 L.Ed. 1042, 1046 (1922); Virginia Nat’l Bank v. Woodson, 329 F. 2d 836, 839 (4th Cir. 1964); Citizens’ Nat’l Bank of Gastonia, N.C. v. Lineberger, 45 F. 2d 522, 526 (4th Cir. 1930); Walker v. Wilkinson, 296 F. 850 (5th Cir.), cert, denied, 265 U.S. 596, 44 S.Ct. 639, 68 L.Ed. 1198 (1924). But see J. McLachlan, Law of Bankruptcy § 251 (1956). . 11 U.S.C.A. § 1(30) (1966) (Emphasis added): “Transfer” shall include the sale and every other and different mode, direct or indirect, of disposing of or…
• In re Harold C. Abramson. Harold C. Abramson in Bankr. of Galaxy Indus., Inc. v. ST. Regis Paper Co., 715 F.2d 934 (5th Cir. 1983)
  …itor of the same class.” 453 F. 2d at 1135, n. 3 [Citations omitted] See also National Bank of Newport v. National Herkimer County Bank, 225 U.S. 178, 32 S.Ct. 633, 56 L.Ed. 1042 (1912); Walker v. Wilkinson, 296 F. 850 (5th Cir.1924), cert, denied, 265 U.S. 596, 44 S.Ct. 639, 68 L.Ed. 1198 (1924), 3 Collier on Bankruptcy ¶¶ 60.-02, 60.20 (14th ed. 1977). Thus Southland is correct in its claim that diminution of the estate is essential to a finding that a preferential transfer has taken place. As Palmer il…