Daniel v. Guaranty Trust Co. - 285 U.S. 154 (1932)
U.S. Supreme Court
Daniel v. Guaranty Trust Co., 285 U.S. 154 (1932)
Daniel v. Guaranty Trust Co. of New York
Argued December 11, 1931
Decided March 14, 1932
285 U.S. 154
1. The filing of a petition for reclamation before a referee in bankruptcy does not submit the petitioner to the summary jurisdiction of the referee in matters having no immediate relation to such claim.
So held where the referee attempted to adjudicate and enforce a counterclaim for money alleged to belong to the trustee in bankruptcy against a trust company which had sought the return of certain bonds, of which, it was alleged, the bankrupt had gained possession by fraud. P. 285 U. S. 161.
2. In No. XXXVII of General Orders in Bankruptcy, the provision that,
"In proceedings in equity, instituted for the purpose of carrying into effect the provisions of the act, or for enforcing the rights and remedies given by it, the rules of equity practice established by the Supreme Court of the United States shall be followed as nearly as may be"
does not apply to summary proceedings before a referee for the restoration of specific property. P. 285 U. S. 162.
49 F.2d 866 affirmed.
Certiorari, 284 U.S. 602, to review a judgment of reversal on an appeal from an order of the District Court modifying and affirming an order of a referee in bankruptcy.