In re John H. Woodbury Dermatological Institute

Citations

• 191 F. 819
• 112 C.C.A. 333
• 1911 U.S. App. LEXIS 4997

Syllabus

<p>Bankruptcy (§ 252*) — Suits by Trustee — Rights of Stockholders ok Bankrupt Corporation.</p> <p>Stockholders of a bankrupt corporation, at whose instance a suit has been brought by the trustee against officers and directors to recover damages for the wrecking of the corporation, are entitled to have an offer to compromise rejected by tbo bankruptcy court, on giving security to protect the estate against any loss consequent upon the failure to realize the amount offered. -</p> <p>[Ed. Note. — For other cases, see Bankruptcy, Dec. Dig. § 252.*]</p>