Supreme Court of the United States, 1934

Justice Van Devanter delivered the Court’s unanimous opinion affirming the denial of deductions for losses incurred by the petitioner’s predecessor corporation. Section 204(b) of the Revenue Act of 1921 permits a loss carryover only for the taxpayer that sustained the loss.

The Court, through Justice Sutherland, unanimously affirmed the decree enjoining enforcement of a prebankruptcy wage assignment against wages earned after bankruptcy. A bankruptcy court has ancillary equitable jurisdiction to protect its adjudication and discharge, and exercising that jurisdiction was appropriate…

Justice Roberts, writing for the Court, upheld New York’s minimum retail milk prices and affirmed Nebbia’s conviction. Due process permits price regulation reasonably related to a legitimate public purpose, even when the regulated business is neither a public utility nor a monopoly.

Chief Justice Hughes delivered the unanimous opinion holding that the District Court could entertain both alternative counts of the employee’s injury complaint. The interstate-commerce count properly invoked the Federal Employers’ Liability Act, whose venue provision permitted suit where the railroad did business…

Justice Cardozo’s majority opinion held that excluding Snyder from the jury’s view of the crime scene did not deny due process under the circumstances. A defendant’s presence is constitutionally required only insofar as absence would thwart a fair and just hearing; the record disclosed no reasonable possibility that…