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5 Am. Bankr. Rev.: Monthly Mag. Law. Bankers & Bus. Men 3 (1928-1929)

handle is hein.journals/ambreml5 and id is 1 raw text is: AMERICAN BANKR7'T rcY REVIEW The Monthly Magazine for Lawyers, Bankers and Business Men Vol. 5 AUGUST, 1928 No. 1 Published by the AMERICAN BANKRUPTCY REVIEW, Inc., 11 West 42nd Street, New York, N. Y. Telephones Longacre 6682-3-4. Entered as second-class matter November 19, 1924, at the post office at New York, N. Y., under the Act of March 3, 1879. MAX ISAAC, Editor, 11 West 42nd Street, New York City ROBERT J. BLUM, Associate Editor, 120 Broadway, New York City. BOARD OF CONSULTING EDITORS First Circuit- Sixth Circuit- ROBERT A. B. COOK, BELA J. LINCOLN, 185 Devonshire St., Boston, Mass. First Natl. Bank Bldg., Detroit, Micn. Second Circuit- LOUIS H. STROUSE, Seventh Circuit- 271 Madison Ave., New York, N. Y. HAROLD F. WHITE, Third Circuit- 137 So. LaSalle St., Chicago, Ill. Eighth Circuit- Fourth Circuit- JOHN B. EDWARDS, J. PURDON WRIGHT, 506 Olive St., St. Louis, Mo. 905-10 Maryland Trust Bldg., Baltimore, Md. Ninth Circuit- Fifth Circuit- RUPERT B: TURNBULL JAMES N. TALLEY, Washington Building, Los Angeles, Cal. Grand Bldg., Macon, Ga. Dominion of Canada. J. C. LAMOTHE, 17 St. James St., Montreal, Canada SUBSCRIPTION $5.00 A YEAR. 50c A COPY THE SCHWEBEL CASE Judge Hazel sitting in the United States District Court for the Southern District of New York, lately sustained the objection of the trustee in bankruptcy that the bankrupt was not entitled to a discharge because he had within twelve months immediately preceding the filing of the petition in bankruptcy, concealed a part of his property with intent to hinder, delay or defraud 'his creditors. The concealment occurred wvhile the property was in the hands of trustees under a deed of trust. Immediately following involuntary proceedings in bankruptcy, the bankrupt admitted that he had the assets and voluntarily turned them over to the receiver. Notwithstanding this, counsel for the trustee in bankruptcy specifically pleaded this concealment from the trustees under the deed of trust as a ground of objection to the discharge under Section 14b (4) of the Bank- ruptcy Act. At the request of the AMERICAN BANKRUPTcY REVIEW, Benjamin Siegel, counsel for the trustee in .bankruptcy has prepared the article The Significance of Section 14b (4) of the Bankruptcy Act, which appears elsewhere in this issue.

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