Legal Opinion
Liman v. Bank of Nova Scotia
District Court, S.D. New York
Decided April 5, 1971No. 70 Civ. 306PublishedCited by 5 opinions
1Opinion of the Court
MOTLEY, District Judge.
OPINION ON MOTION OF DEFENDANT FOR SUMMARY JUDGMENT
This is an action by the trustee of the bankrupt, Kulukundis Maritime Industries, Inc. (KMI), to recover alleged voidable preferences under the Bankruptcy Act. 11 U.S.C. §§ 96(a) (1), (b) and 110(e). 1 Defendant, Bank of Nova Scotia, has moved for summary judgment dismissing the claim as barred by the applicable statute of limitations. 11 U.S. C. § 29(e).
The complaint alleges that in August and September 1962, defendant made loans to KMI totaling $500,000. In December 1962, within four months of the filing on March 15,…
2Cases cited7 opinions
- In Re Martin Custom Made Tires CorporationCourt of Appeals for the Second Circuit · 1939
- Bovay v. H. M. Byllesby & Co.Court of Chancery of Delaware · 1943
- Central Hanover Bank & Trust Co. v. President & Directors of Manhattan Co.Court of Appeals for the Second Circuit · 1939
- In Re Paramount Publix CorporationCourt of Appeals for the Second Circuit · 1936
- Nairn v. McCarthyCourt of Appeals for the Seventh Circuit · 1941
2 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Bonwit Teller, Inc. v. Jewelmasters, Inc. (In Re Hooker Investments, Inc.)United States Bankruptcy Court, S.D. New York · 1994
- Misty Management Corp. v. LockwoodCourt of Appeals for the Ninth Circuit · 1976
- In Re Hospital General San Carlos, Inc.District Court, D. Puerto Rico · 1988
- In re Patio Springs, Inc.United States Bankruptcy Court, D. Utah · 1980
- Misty Management Corporation, a California Corporation v. James R. Lockwood, Tri-Aviation Corporation, a California Corporation, and Norman G. Doyle, Misty Management Corporation, a California Corporation v. James R. Lockwood, and First American Title Insurance Company of California, Misty Management Corporation, a California Corporation, Plaintiff-Cross-Appellant v. James R. Lockwood, Defendants-Cross-AppelleesCourt of Appeals for the First Circuit · 1976