Creditor's Rights—Bankruptcy—Section 70(c)—Actual Creditor Required

Authors

John S. Calvert

Abstract

In Pacific Finance Corp. v. Edwards the United States Court of Appeals for the Ninth Circuit interpreted § 70(c) of the Bankruptcy Act to mean that the trustee acquires the status of a hypothetical lien creditor only if there is an actual creditor who could have acquired a lien on the date of the petition in bankruptcy.

First Page

440

Recommended Citation

John S. Calvert, Federal Cases, Creditor's Rights—Bankruptcy—Section 70(c)—Actual Creditor Required, 38 Wash. L. Rev. 440 (1963).
Available at: https://digitalcommons.law.uw.edu/wlr/vol38/iss2/28