U.S. Circuit Court for the District of Eastern Missouri, 1873

In re O'Fallon

In re O'Fallon
U.S. Circuit Court for the District of Eastern Missouri · Decided July 1, 1873
18 F. Cas. 600; 2 Dill. 548
In re O'Fallon

Opinion of the Court

PER CURIAM.

Where a public sale of the real estate is made by the assignee in bankruptcy under the order of the bankruptcy court, and the property is struck off to the highest bidder, such sale is subject to the approval of the court, which has a discretion to refuse to confirm it for mere inadequacy of price. It is not necessary that there should be fraud or such gross inadequacy of price as to be evidence of fraud.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.