Legal Opinion
City of New York v. V. I. K. Corp.
New York Supreme Court
Decided January 9, 1957PublishedCited by 1 opinion
1Opinion of the Court
John E. Cone. J.
Motion by the City of New York to direct an escrow agent to turn over to it moneys held by him for the credit of the Y. I. K. Corporation. The latter sold its business in bulk in May, 1955, at which time $2,740.57 was turned over to the escrowee to be used for the payment of general creditors and taxes.
There is due to the City of New York $3,000 and interest on a judgment entered on December 29, 1955, for business taxes for the period of January 1, 1951, to December 31, 1954, and for sales taxes from January 1,1952, to May 18,1955. There is also due against the Y. I. K.…
2Cases cited5 opinions
- In Re David Brown Printing Co.New York Court of Appeals · 1941
- In re the General Assignment for the Benefit of Creditors of Torpedo Dress Corp.New York Supreme Court · 1938
- Matter of Torpedo Dress CorporationNew York Court of Appeals · 1941
- City of New York v. Avenue U Service Center, Inc.New York Supreme Court · 1955
- City of New York v. LeibowitzNew York Supreme Court · 1955
3Cited by1 opinion
- In re GoldbergNew York Supreme Court · 1964