In re the General Assignment for the Benefit of Creditors of Enark Industries, Inc.
Appellate Terms of the Supreme Court of New York
1Opinion of the Court
Memorandum. Order unanimously modified by declaring that the interest of the assignee for the benefit of creditors be superior to and have priority over the interests of the Small Business Administration and the Long Island Trust Company and, as so modified, affirmed, without costs.
It is the opinion of this court that the test used to determine whether a debtor has a "place of business” in more than one county of this State so as to enable a secured creditor to properly file a financing statement and perfect a security interest under section 9-401 (subd [1], par [c]) of the Uniform Commercial…
2Cases cited2 opinions
- In Re DavidoffDistrict Court, S.D. New York · 1972
- In re Edward Bibinger, Inc.Appellate Division of the Supreme Court of the State of New York · 1961