Legal Opinion
In Re the General Assignment for the Benefit of Creditors of Pavone Textile Corp.
New York Court of Appeals
Decided March 8, 1951PublishedCited by 28 opinions
1Opinion of the CourtFroessel, J.
In this proceeding, in which the assignor made a general assignment for the benefit of creditors, the only issue presented to us for determination is whether the respondents, the United States of America and the State of New York, are entitled to interest on their tax claims to the date on which the assignment was filed or to the date of payment of such claims. The claim of the United States is for social security and withholding taxes, and that of New York for unemployment insurance taxes.
The general rule is well settled that creditors are not entitled to post-assignment interest where the…
2Cases cited11 opinions
- Sexton v. DreyfusSupreme Court of the United States · 1911
- City of New York v. SaperSupreme Court of the United States · 1949
- United States v. Waddill, Holland & Flinn, Inc.Supreme Court of the United States · 1945
- People v. . American Loan Trust Co.New York Court of Appeals · 1902
- In Re the Accounting of GrunerNew York Court of Appeals · 1946
6 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Nicholas v. United StatesSupreme Court of the United States · 1966
- Freeman v. Marine Midland Bank-New YorkDistrict Court, E.D. New York · 1976
- Sword Line, Inc. v. Industrial Commissioner of State of New YorkCourt of Appeals for the Second Circuit · 1954
- In re Perfection Technical Services Press, Inc.Appellate Division of the Supreme Court of the State of New York · 1965
- Southeast Banking Corp. v. First Trust of New York, National Ass'nNew York Court of Appeals · 1999
23 more not listed; retrieve them via the Exa API.