In the Matter of the Bohack Corporation, Debtor-In-Possession. The Bohack Corporation v. Borden, Inc.

How courts have described this case

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

• stating that “[t]he statutory remedy of set off should be enforced unless the court finds after due reflection that allowance would not be consistent with the provisions and purposes of the Bankruptcy Act as a whole.”
• noting that “antitrust cases are notoriously lengthy and tortuously complex”
• noting that “antitrust cases are notoriously lengthy and tortuously complex”
• construing § 68 of the previous Bankruptcy Act, which is now embodied in Section 553
• “Allowance or disallowance of a setoff is a decision which ultimately rests in the sound discretion of the [] court.”
• setoff of mutual debts not inconsistent with policy of Rule 11-44, therefore permissible

Source: CourtListener parenthetical corpus (CC0).