In the Matter of Joseph Kanner Hat Co., Inc., Bankrupt. Stuart I. Levin, Trustee-Appellant v. City Trust Company

How courts have described this case

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

• finding pledge of security rather than true sale where underlying asset serving as security was returned upon repayment of the advanced funds
• involving a claim by a bankruptcy trustee that his interest in property was entitled to priority
• “[C]ourts will determine the true nature of a security transaction, and will not be prevented from exercising their function of judicial review by the form of words the parties may have chosen.”

Source: CourtListener parenthetical corpus (CC0).