equitable subordination
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 316 U.S. 89 - Prudence Realization Corp. v. Geist · 1942Most cited · 381 citing opinions
it is for that court—not without appropriate regard for rights acquired under rules of state law—to define and apply federal law in determining the extent to which the inequitable conduct of a claimant in acquiring or asserting his claim in bankruptcy requires its subordination to other claims which, in other respects, are of the same class