in Re Dillon Latta

How courts have described this case

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

• holding that the liquidating corporation could recognize a loss incurred in the sale of accounts receivable, which were deemed to be “installment obligations” as in Family Record Plan, Inc., supra
• accrued interest realized on the sale of note obligations did not arise from the sale, but rather constituted “receipt and collection” of the interest; see note 6, infra

Source: CourtListener parenthetical corpus (CC0).