Court of Appeals for the Fifth Circuit December 27, 1971, 71-2178 (Philip I. Palmer, Jr., as Trustee in Bankruptcy of Maxwell Electronics Corporation, D/B/A Kmec-Tv, Bankrupt v. James A. Justice)

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United States · · · 27-12-1971

PER CURIAM:

This appeal by a trustee in bankruptcy centers entirely on the denial of a claim brought under § 70(e) of the National Bankruptcy Act. 11 U.S.C.A. § 110(e). The claim was to avoid payments made to appellees by Maxwell Electronics, the bankrupt, for corporate stock in Maxwell.

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