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equality of distribution

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 313 U.S. 215 - Sampsell v. Imperial Paper & Color Corp. · 1941Most cited · 691 citing opinions

The theme of the Bankruptcy Act is equality of distribution. To bring himself outside of that rule an unsecured creditor carries a burden of showing by clear and convincing evidence that its application to his case so as to deny him priority would work an injustice.