Summary

Oliver Wendell Holmes, Jr. Thomas v. Sugarman — Opinion of the Court

This is a bill in equity brought by a trustee in bankruptcy to set aside a transfer of accounts and bills receivable, made by the bankrupt to the defendant, Sugarman, with intent to delay and defraud creditors. Sugarman pleaded in bar that the plaintiff had retified his dealings because, with knowledge of all the facts, the plaintiff had taken a judgment against the bankrupt for $17,500, a part or all of which was money remaining in the bankrupt's hands of $30,000, alleged by the bill to have been paid to him by Sugarman in pursuance of the fraudulent scheme.
Source: Wikisource

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