Kothe v. R. C. Taylor Trust

How courts have described this case

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

• \The broad purpose of the Bankruptcy Act is to bring about an equitable distribution of the bankrupt's estate . . . .\
• “The broad purpose of the Bankruptcy Act is to bring about an equitable distribution of the bankrupt’s estate ....”
• lease provision that lessee’s bankruptcy terminates lease and lessor is entitled to damages equal to rent for remainder of term is an unenforceable penalty
• “The broad purpose of the Bankruptcy Act is to bring about an equitable distribution of the bankrupt’s estate among creditors holding just demands based upon adequate consideration.”
• agreements to pay a fixed sum without any reasonable relation to probable damages for breach \tends to negative any notion that the parties really meant to provide a measure of compensation\
• agreements to pay a fixed sum without any reasonable relation to probable damages for breach “tends to negative any notion that the parties really meant to provide a measure of compensation”

Source: CourtListener parenthetical corpus (CC0).