BANKRUPTCY PROCEEDINGS
\bˈaŋkɹʌptsi pɹəsˈiːdɪŋz], \bˈaŋkɹʌptsi pɹəsˈiːdɪŋz], \b_ˈa_ŋ_k_ɹ_ʌ_p_t_s_i p_ɹ_ə_s_ˈiː_d_ɪ_ŋ_z]\
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The term includes all proceedings in a federal court having jurisdiction in bankruptcy, founded on a petition in bankruptcy and either directly or collaterally involved in the adjudication and discharge of the bankrupt and the collection and administration of his estate. Kidder v. Horro- bin, 72 N. Y. 167.
By Henry Campbell Black
Word of the day
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- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"