FAKE, District Judge.
The issues here arise on a motion to strike out the petition filed under section 77B of the Bankruptcy Act (11 U.S.C.A. § 207).
It is argued that the debtor is an insurance company and as such excluded from bankruptcy proceedings under the language of section 4 of the Bankruptcy Act (as amended 11 U.S.C.A. § 22) exempting insurance companies from its provisions.
The first allegation of the petition reads as follows:...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.