Summary

Portrait of Edward Terry Sanford Edward Terry Sanford Danciger v. Smith — Opinion of the Court

The institution of such suit will result in no harm to the estate. For if the trustee prefers to begin a new action in the same or another court in his own name, the one previously brought can be abated. If, however, he is of opinion that it would be to the benefit of the creditors, he may intervene in the suit commenced by the bankrupt. * * * If the trustee will not sue and the bankrupt cannot sue, it might result in the bankrupt's debtor being discharged of an actual liability.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature