in re Hyman
in re Hyman
Opinion of the Court
Motion to confirm composition. I do not feel at liberty to reverse the decision of the great majority of the creditors in this case — that the composition is for the best interests of creditors— on any of the grounds urged by the learned counsel for the opposing creditors. The fifth resolution is objected to, which provides that upon the delivery of the composition notes all the property of the debtors which is or has been in the hands of the voluntary as-signee of the debtors shall be delivered to the bankrupts, and the said assignee discharged from all responsibility under his office as assignee. This resolution is wholly nugatory so far as it purports to affect the responsibility of the voluntary assignee, or the rights of creditors under the trusts of that assignment, by the proceedings in this court otherwise than as the confirmation of
Reference
- Full Case Name
- In re HYMAN
- Status
- Published