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Palmer Clay Products Co. v. Brown, 297 U.S. 227 (1936)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Palmer Clay Products Co. v. Brown, 297 U.S. 227 (1936)
Palmer Clay Products Co. v. Brown No. 125 Argued December 13, 1935 Decided February 10, 1936 297 U.S. 227
CERTIORARI TO THE MUNICIPAL COURT
OF BOSTON, MASSACHUSETTS
Syllabus
Whether a payment to a creditor by an insolvent debtor on an overdue debt, within four months of the debtor’s bankruptcy, operates as a preference, voidable by the trustee, under § 60(a), (b), of the Bankruptcy Act, depends not upon what would have been its effect on creditors if the debtor’s assets had been liquidated and distributed at the time of the payment, but upon its actual effect determined in the ensuing bankruptcy. P. 228.
290 Mass. 108, 195 N.E. 122, affirmed.
Certiorari, 296 U.S. 556, to review a judgment recovered by Brown as trustee in bankruptcy. The judgment was entered in the court below pursuant to a rescript from the Supreme Judicial Court of Massachusetts.
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Chicago: U.S. Supreme Court, "Syllabus," Palmer Clay Products Co. v. Brown, 297 U.S. 227 (1936) in 297 U.S. 227 Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=2T4S4U9K2PSCP3P.
MLA: U.S. Supreme Court. "Syllabus." Palmer Clay Products Co. v. Brown, 297 U.S. 227 (1936), in 297 U.S. 227, Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=2T4S4U9K2PSCP3P.
Harvard: U.S. Supreme Court, 'Syllabus' in Palmer Clay Products Co. v. Brown, 297 U.S. 227 (1936). cited in 1936, 297 U.S. 227. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=2T4S4U9K2PSCP3P.
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