PRUDENCE CO., INC.
v.
FIDELITY & DEPOSIT CO. ET AL.

U.S. | 1935-10-14
No. 270
296 U.S. 566 Supreme Court of the United States (1935) Positive Treatment
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  • In re Prudence Co., Inc., 96 F.2d 157 (2d Cir. 1938)
    …the trustees did not abandon the cause of action as an asset of the estate. They kept themselves informed of the progress of the litigation, and after allowance of the writ of certiorari by the Supreme Court, Prudence Co. v. Fidelity & Deposit Co., 296 U.S. 566, 56 S.Ct. 123, 80. L.Ed. 399, they repaid to Mr. Davison the costs advanced by him, and after final judgment repaid his other advances. But this did not make him their attorney. He had refused their offer of employment and was not subject to their d…

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