Revision of the Bankruptcy Act: Hearing Before the Committee on the Judiciary, House of Representatives, Seventy-fifth Congress, First Session on H.R. 6439 ... Serial 9. June 1, 2, 3, 4, 8, and 9, 1937U.S. Government Printing Office, 1937 - 428 pages |
Common terms and phrases
ADAIR adjudication administration amendment American Bar Association amount appeal appointed approved assets attorney bank bankrupt Bankruptcy Act bankruptcy court bankruptcy law bankruptcy proceeding bond CELLER Chairman Chandler bill CITRON claims comakers committee print Congress corporate reorganization debtor in possession debts discharge district DOUGLAS equity Exchange Commission expense Federal filed fraudulent conveyance GERDES give going HEALEY hearing HEUSTON indebtedness independent trustee insolvent investigation investors Judge KNOX jurisdiction labor lawyers lien matter MCLAUGHLIN ment MICHENER National Bankruptcy Conference NESBIT notice pending percent person petition plan of reorganization practice present procedure proposed provisions question reason receiver receivership record referee reference reorganization proceedings representatives ruptcy section 12 section 77B Securities and Exchange security holders situation statute stockholders subdivision subsection suggested Supreme Court TEITELBAUM thing tion unsecured creditors unsecured debts wages WALTER CHANDLER WEINSTEIN words York
Popular passages
Page 59 - An application for the confirmation of a composition may be filed in the court of bankruptcy after, but not before, it has been accepted in writing by a majority in number of all creditors whose claims have been allowed, which number must represent a majority in amount of such claims...
Page 71 - A certified copy of the order approving the bond of a trustee shall constitute conclusive evidence of the vesting in him of the title to the property of the bankrupt, and if recorded shall impart the same notice that a deed from the bankrupt to the trustee if recorded would have imparted had not bankruptcy proceedings intervened.
Page 219 - Acts of bankruptcy by a person shall consist of his having (1) conveyed, transferred, concealed, or removed, or permitted to be concealed or removed, any part of his property with intent to hinder, delay, or defraud his creditors, or any of them...
Page 61 - ... shall be the same as if a voluntary petition for adjudication had been filed and a decree of adjudication had been entered on the day when the debtor's petition or answer was filed...
Page 59 - The judge shall confirm a composition if satisfied that (1) it is for the best interests of the creditors; (2) the bankrupt has not been guilty of any of the acts or failed to perform any of the duties which would be a bar to his discharge...
Page 71 - A certified copy of an order confirming or setting aside a composition, or granting or setting aside a discharge, not revoked, shall be evidence of the jurisdiction of the court, the regularity of the proceedings, and of the fact that the order was made.
Page 219 - States as a holiday or as a day of public fasting or thanksgiving; (15) a person shall be deemed insolvent within the provisions of this Act whenever the aggregate of his property, exclusive of any property which he may have conveyed, transferred, concealed, or removed, or permitted to be concealed or removed, with intent to defraud, hinder or delay his creditors, shall not, at a fair valuation, be sufficient in amount to pay his debts...
Page 71 - Unless a certified copy of the petition, decree, or order has been recorded in such office, in any county wherein the bankrupt owns or has an interest in real property in any State whose laws authorize such recording, the commencement of a proceeding under this Act shall not be constructive notice to or affect the title of any subsequent...
Page 348 - A discharge in bankruptcy shall release a bankrupt from all of his provable debts, except such as...
Page 123 - For the purposes of subdivisions (a) and (b) of this section, a transfer shall be deemed to have been made at the time when it became so far perfected that no bona fide purchaser from the debtor and no creditor could thereafter have acquired any rights in the property so transferred superior to the rights of the transferee...