Bailey v. Ribicoff

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• held debtor corporation which acted as agent for cattle owners in purchasing and placing cattle had no interest in those cattle, consequently the corporation’s trustee in bankruptcy and creditors had no interest in the cattle
• “ ‘[I]t is well settled that absent state statutory enactment to the contrary, if the property is in a bankrupt’s hands as bailee or agent, the trustee holds it as such, and the bailor or principal may recover the property or its proceeds.’”

Source: CourtListener parenthetical corpus (CC0).