Case Name: HATCH v. MOROSCO HOLDING CO., Inc. Ex parte MARGOLIES
Court: United States Court of Appeals for the Second Circuit
Jurisdiction: United States
Decision Date: 1928-05-07
Citations: 26 F.2d 247
Docket Number: No. 284
Parties: HATCH v. MOROSCO HOLDING CO., Inc. Ex parte MARGOLIES.
Judges: Before L. HAND, SWAN, and AUGUSTUS N. HAND, Circuit Judges.
Reporter: Federal Reporter 2d Series
Volume: 26
Pages: 247–247

Head Matter:
HATCH v. MOROSCO HOLDING CO., Inc. Ex parte MARGOLIES.
Circuit Court of Appeals, Second Circuit
May 7, 1928.
No. 284.
See, also, 296 F. 516.
F. Wright Moxley, of New York City, for appellant.
Nathan Burkan, of New York City, for appellee.
Before L. HAND, SWAN, and AUGUSTUS N. HAND, Circuit Judges.

Opinion:
PER CURIAM.
A majority of the court, as it is now constituted, think that our first decision impairs the jurisdiction of the District Court over assets already in its custody when the judgment of the state court was entered. They believe that the liquidation of claims is a part of the distribution of the estate, since it determines how much each creditor shall get, and that the distribution of the estate is part of what is usually understood as jurisdiction over the res. However, the former decision was reached after unusual deliberation and full presentation of all the questions involved. If it is to be changed, only the Supreme Court may do so; in the same ease and on the same claim the first ruling must stand.
Order affirmed.