HIGGINBOTHAM-BAILEY-LOGAN CO. ET AL.
v.
INTERNATIONAL SHOE CO. ET AL.
HIGGINBOTHAM-BAILEY-LOGAN CO. ET AL.
INTERNATIONAL SHOE CO. ET AL.
280 U.S. 554
Supreme Court of the United States (1929)
Caution
Cited by 1 case
Opinion
Full opinion text not available for this case.
Cases With Similar Vibessemantic neighbors from the corpus
Citator
Cited By
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Iowa S. Utils. Co. v. The United States, 348 F.2d 492 (Ct. Cl. 1965)…to the defrauded party and the loss suffered in connection therewith is a loss and not a bad debt,” citing Burnet v. Huff, 288 U.S. 156, 53 S.Ct. 330, 77 L.Ed. 670 (1933). In Piedmont Grocery v. United States, 66 Ct.Cl. 468, 473 (1928), cert. denied 280 U.S. 554, 15 S.Ct. 15, 74 L.Ed. 610 (1929), this court pointed out the distinction between a deductible loss sustained by an embezzlement and a loss sustained through a bad debt. It would seem that as a general rule, embezzlement losses may not be deducted…