In the case of Potter v. United States in 1894, the Supreme Court ruled on a matter concerning bankruptcy law and its application to property rights. The appellant, Mr. Potter, was a debtor who had transferred his property to another party with an agreement that it would be returned once he had settled his debts. However, before this could occur, Mr. Potter declared bankruptcy and the trustee overseeing his estate claimed that this transfer constituted fraud against creditors under federal bankruptcy law. The court held that while such transfers can indeed constitute fraud if they are made with intent to hinder or delay creditors' claims on assets within one year prior to filing for bankruptcy - as per Section 67e of Bankruptcy Act - there was no evidence presented in this particular case suggesting fraudulent intent by Mr.Potter at time of making said transfer. Therefore,the Supreme Court reversed lower courts' decisions which were in favor of trustee's claim over transferred property,and remanded back for further proceedings consistent with their opinion.This ruling clarified interpretation and application of certain provisions within Bankruptcy Act regarding fraudulent conveyances,in context where debtor has not yet filed for bankruptcy but is contemplating doing so.

In the dissenting opinion for Potter v. United States, it was argued that the majority's interpretation of the law was incorrect and overly broad. The dissenting justices believed that Congress did not intend to include all types of fraud under its jurisdiction when it passed legislation regarding mail fraud. They contended that only those fraudulent schemes which directly involved misuse or abuse of postal services should be covered by federal law, while other forms of deceit or dishonesty should remain within state jurisdiction unless they specifically involve interstate commerce. Furthermore, they expressed concern about potential overreach by federal authorities and warned against an expansive reading of congressional power which could undermine states' rights and individual liberties.