Corn Exchange Nat Bank Trust Co Philadelphia v. Klauder’s Empirical Analysis
318 U.S. 434 · 1943
Citation profile
107 federal appellate · 23 district · 18 state decisions
How this case has been cited
Cited by 240 later decisions (5 by the Supreme Court) — most recently February 2009 · most notably McKenzie v. Irving Trust Co. (1945), Davies Warehouse Co. v. Bowles (1944)
107 federal appellate · 23 district · 18 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Appellate journey
reviewedIn re Quaker City Sheet Metal Co. (from Third Circuit Court of Appeals)
Relationships
Relies on Erie Co v. Tompkins · Salem Trust Co. v. Manufacturers' Finance Co. · Bailey v. Baker Ice Machine Co. · Frank Thompson v. Henry Fairbanks · Benedict v. Ratner
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 240 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“debt, which is effective when actually made, will be made antecedent to the delayed effective date of the transfer and therefore will be made a preferential transfer in law, although in fact made concurrently with the advance of money.”
5 later decisions quote this exact passage · from the majority““ ‘A preference is a transfer as defined in this act, of any of the property of a debtor to or for the benefit of a creditor for or on account of an antecedent debt made or suffered by such debtor while insolvent and within four months before the filing by or against him of the petition in bankruptcy, or of the original petition under chapter X, XI, XII or XIII of this Act the effect of which transfer will be to enable such creditor to obtain a greater per centage of his debt than some other creditor of the same class. For the purpose of subdivisions a and b of this section, a transfer shall be deemed to have been made at the time when it became so far perfected that no bona-fide purchaser from the debtor and no creditor could thereafter have acquired any rights in the property so transferred superior to the rights of the transferee therein, and, if such transfer is not so perfected prior to the filing of the petition in bankruptcy or of the original petition under chapter X, XI, XII, or XIII of this Act, it should be deemed to have been made immediately before bankruptcy.’”
4 later decisions quote this exact passage · from the majority““He stated Thompson v. Fairbanks, 196 U.S. 516 [ 25 S.Ct. 306 , 49 L.Ed. 577 ] as applying a rule of state law that a mortgagee by taking possession of the mortgaged property at a time subsequent to the execution of the mortgage thereby validated it as of the time of execution. He said that § 60a would prevent such validation by relation back. Similar disapproving reference was made to Bailey v. Baker Ice Machine Co., 239 U.S. 268 [ 36 S.Ct. 50 , 60 L.Ed. 275 ].” [ 318 U.S. at 438, n. 11 , 63 S.Ct. at 682 .]”
2 later decisions quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.