Public-domain · open source
OpenJurist

105 F. 893

Docket No. 4.

In re Gerson

Pennsylvania Eastern District Court

Decided January 26, 1901.)

Pennsylvania Eastern District Court · decided 1901-01-26

<p>Bankruptcy — Proving Claims — Debtor op Bankrupt.</p> <p>A creditor of a bankrupt, who is also Ms debtor in a larger amount, will not be permitted to prove Ms claim against the estate so long as Ms own debt remains unpaid.</p>

Cited by 1 later decisions — most recently December 1965

2 counsel of record

Good law ✅— No negative treatment on recordhow we know

Decided 1901-01-26

View the full empirical analysis of this case →

¶1Bankruptcy — Proving Claims — Debtor op Bankrupt.

¶2A creditor of a bankrupt, who is also Ms debtor in a larger amount, will not be permitted to prove Ms claim against the estate so long as Ms own debt remains unpaid.

¶3In Bankruptcy. On certificate of referee concerning disallowance of claim of Isaac Gerson.

¶4Emanuel Furth, for creditor.

¶5Julius O. Levi and Jos. L. Greenwald, for trustee.

¶6J. B. McPHERSON, District Judge.

¶7I am entirely satisfied with the conclusion reached by the referee that this claim should, for the present, be disallowed. He believed the testimony to justify the inference that Isaac Gerson was really a part owner of the bankrupt’s business, and therefore that his claim for rent should not be allowed until the other creditors had been paid. I do not dissent from that inference; but, as another ground for postponing the claim is sufficient, I rest my approval of the referee’s decision upon that ground alone, namely, that Isaac Gerson is indebted to the bankrupt in a much larger sum than the rent now claimed.

¶8The rejection of the claim is accordingly approved.

/105/f1d/893 · .json · Public domain