Hyperlawhypertext legal database In re the General Assignment for the Benefit of Creditors of Wendy Anne Originals, Inc. 283 A.D. 928

← Cases

In re the General Assignment for the Benefit of Creditors of Wendy Anne Originals, Inc.

283 A.D. 928 Court N.Y. App. Div. Decision date 1954-05-11 English

Contents

Majority

p. 928
In the Matter of the General Assignment for the Benefit of Creditors of Wendy Anne Originals, Inc. Irving J. Sharlot, Appellant; Majestic Factors, Inc., Respondent.

— -Order unanimously affirmed, with $20 costs and disbursements to the respondent. We pass only upon the present right to possession of the funds by the factor, and not upon the validity of its “ charges ”. If these are claimed to be invalid, they may be made the subject of an appropriate proceeding against the factor by the assignee for the benefit of creditors. Present — Peck, P. J., Dore, Callahan, Breitel and Bergan, JJ.