Moran v. Central Railroad

How courts have described this case

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

• “Equitable subordination is apt when equity demands that the payment priority of claims of an otherwise legitimate creditor be changed to fall behind those of other claimants.”
• bankruptcy courts have “equitable authority to ensure ‘that substance will not give way to form, that technical considerations will not prevent substantial justice from being done.’ ” (citation omitted)
• recharacterization must be resolved before consideration of equitable subordination

Source: CourtListener parenthetical corpus (CC0).