Case Name: THE UNITED STATES, PETITIONER, v. THE MUNSEY TRUST COMPANY OF WASHINGTON, D. C., RECEIVER
Court: Supreme Court of the United States
Jurisdiction: United States
Decision Date: 1947-06-23
Citations: 108 Ct. Cl. 765
Docket Number: No. 46251
Parties: THE UNITED STATES, PETITIONER, v. THE MUNSEY TRUST COMPANY OF WASHINGTON, D. C., RECEIVER
Judges: 
Reporter: United States Court of Claims Reports
Volume: 108
Pages: 765–766

Head Matter:
THE UNITED STATES, PETITIONER, v. THE MUNSEY TRUST COMPANY OF WASHINGTON, D. C., RECEIVER
[No. 46251]
[107 C. Cls. 131;
331 U. S. —]

Opinion:
On writ of certiorari (330 U. S. 814) to review a judgment of the Court of Claims holding that the legal and equitable rights of the surety to the balances due on a Government contract were superior to the rights of the United States as a general creditor arising independently of any of the con-. tracts in connection with which the surety made such payments under its bonds.
The judgment of the Court of Claims was reversed by the Supreme Court June 23, 1947.
Mr. Justice Jackson delivered the opinion of the Supreme-Court holding that percentages retained pursuant to a contract by the United States may be subjected to its set-off claims despite the claims of a surety who has paid laborers and material men.