Dawson, William B.
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Discusses how a depressed economy rears a necessity for the fair administration of the bankruptcy laws. The author believes that the Fifth Circuit during the compendium period are illustrative of the judiciary’s application of law in light of its overriding purpose; to give relief to creditors and their debtors who are either unwilling or unable to pay their debts. Looks specifically at topics like, discharge, proof and allowance of claims, voidable transfers, and the liquidation sale.