By M. Jonathan Hayes, Certified Bankruptcy Specialist, Northridge, CA
Wright v. Vinton Branch of Mountain Trust Bank of Roanoke, 300 U.S. 440 (1937)
Issue: 1. Did the amendments to the Frazier-Lemke Act cure the deficiencies cited by the Supreme Court in Louisville Joint Stock Land Bank v. Radford? 2. Do the rights of the debtor in a bankruptcy case amount to an unconstitutional taking prohibited by the Fifth Amendment?
Holding: 1. Yes. 2. No.
Justice Louis Brandeis
The debtor, a farmer, filed bankruptcy to stop a foreclosure on his farm. The bank immediately filed . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below: