Legal Opinion

In the Matter of League Bookbinding Co. Inc., Bankrupt

Court of Appeals for the Second Circuit

Decided December 23, 1964No. 28819_1PublishedCited by 1 opinion

1Opinion of the Court

MARSHALL, Circuit Judge.

This is an appeal from Judge Wein-feld’s affirmance, reported at 226 F.Supp. 775 (S.D.N.Y.1964), of an order of the Referee in Bankruptcy, voiding a chattel mortgage at the instance of the trustee in bankruptcy.

A chattel mortgage can be voided by the trustee under section 70, sub. c of the Bankruptcy Act, 1 when, according to applicable state law, here New York law, there is a creditor who has a claim that is superior to the chattel mortgage. The chattel mortgage on the bankrupt’s property was executed and delivered on April 27, 1959 but was not filed until July 6,…

2Cases cited3 opinions

  1. Karst v. . GaneNew York Court of Appeals · 1893
  2. In re League Bookbinding Co.District Court, S.D. New York · 1964
  3. In re PecoraroDistrict Court, W.D. New York · 1963

3Cited by1 opinion

  1. In the Matter of Raymond Service, Inc., Bankrupt. Helen Fishman v. Frank A. Margiotta, Trustee-AppelleeCourt of Appeals for the Second Circuit · 1965

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