Board of Trade of Chicago v. Johnson, 264 U.S. 1 (1924) (No. 90)
1924
Board of Trade of Chicago v. Johnson, 264 U.S. 1 (1924) (No. 90)
Supreme Court of the United States
1924
Case name: Board of Trade of Chicago v. Johnson Opinion filed: 1924-02-18 Docket No.: 90 Citations: • 264 U.S. 1 • 44 S. Ct. 232 • 68 L. Ed. 533 • 1924 U.S. LEXIS 2471 Case holding summaries: • where the bankruptcy statute deals with property rights regulated by state law, federal bankruptcy courts follow state law unless the language of Congress indicates a policy requiring a broader construction of the bankruptcy statute than state law would give it • "By operation of the bankruptcy law, the membership passes, subject to rules of the Exchange, to the trustee." • finding a property interest for bankruptcy purposes based on state-defined legal attributes even though state decisional law declared the interest not to be property • property rights are generally regulated by state law, but "when the language of Congress indicates a policy requiring a broader construction of the [bankruptcy] statute than the state decisions would give it, federal courts cannot be precluded by them" • property rights are generally regulated by state law, but "when the language of Congress indicates a policy requiring a broader construction of the [bankruptcy] statute than the state decisions would give it, federal courts cannot be precluded by them"
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States, Supreme Court of the United. Board of Trade of Chicago v. Johnson, 264 U.S. 1 (1924) (No. 90). Lex, lex-books.com/book/board-of-trade-of-chicago-v-johnson-264-u-s-1-1924-no-90-d005d2a2-5cbd-45a0-b849-b61f4c0e0913.States, S. C. O. T. U. (1924). Board of Trade of Chicago v. Johnson, 264 U.S. 1 (1924) (No. 90). Lex. https://lex-books.com/book/board-of-trade-of-chicago-v-johnson-264-u-s-1-1924-no-90-d005d2a2-5cbd-45a0-b849-b61f4c0e0913States, Supreme Court of the United. Board of Trade of Chicago v. Johnson, 264 U.S. 1 (1924) (No. 90). Lex. https://lex-books.com/book/board-of-trade-of-chicago-v-johnson-264-u-s-1-1924-no-90-d005d2a2-5cbd-45a0-b849-b61f4c0e0913.
