In re Wilco Forest Machinery Inc. Book Reviews
In re Wilco Forest Machinery Inc. by United States Court of Appeals for the Fifth Circuit Book Summary
THORNBERRY, Circuit Judge: A. Pope Gordon, as trustee in bankruptcy of Wilco Forest Machinery, Inc., initiated this action for the return of certain Wilco property presently in the possession of Eaton Corporation, Eaton Yale, Ltd., and Timberjack of Alabama, Inc. (hereinafter collectively denominated ""Eaton""). The district court upheld the referee's finding that the security interest asserted by Eaton was valid, that its possession was not illegal as a preference under Section 60 of the Bankruptcy Act nor as a fraudulent transfer under Section 67d of that Act, and that an accounting was required to insure that Eaton had not appropriated unsecured property for its own benefit to the detriment of the general creditors. Eaton appeals the requirement of an accounting, and Gordon appeals everything else. We affirm.
Book Name | In re Wilco Forest Machinery Inc. |
Genre | Law |
Author | United States Court of Appeals for the Fifth Circuit |
Published | 27 March 1974, Wednesday |
Language | English |
E-Book Size | 61.84 KB |
In re Wilco Forest Machinery Inc. (United States Court of Appeals for the Fifth Circuit) Book Reviews 2024
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Summary of In re Wilco Forest Machinery Inc. by United States Court of Appeals for the Fifth Circuit
The In re Wilco Forest Machinery Inc. book written by United States Court of Appeals for the Fifth Circuit was published on 27 March 1974, Wednesday in the Law category. A total of 150 readers of the book gave the book 0 points out of 5.
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