Legal Opinion

Art-Camera-Pix, Inc. v. Cinecom Corp.

New York Supreme Court

Decided November 24, 1970PublishedCited by 8 opinions

1Opinion of the CourtMax Bloom, J.

This is a proceeding brought pursuant to CPLR 5239 to determine the respective rights of petitioner Art-Camera-Pix (Art), and the intervenor-respondent Pioneer Venture Corporation (Pioneer) to certain warrants issuable by respondent Cinecom Corporation (Cinecom) to respondent Barry Mahon.

The facts have been stipulated.

On June 10, 1962 Pioneer advanced to Cinema Syndicate, Inc., the sum of $20,000. Mahon, who was an officer and principal stockholder of the corporation personally guaranteed the loan. Cinema Syndicate, Inc., defaulted on this obligation and, as a result, personal liability…

2Cases cited10 opinions

  1. Matter of Ideal Mercantile Corporation, Bankrupt. Ideal Mercantile CorporationCourt of Appeals for the Second Circuit · 1957
  2. Rockmore v. LehmanCourt of Appeals for the Second Circuit · 1942
  3. United States v. PearsonDistrict Court, S.D. New York · 1966
  4. Cohn, Ivers & Co. v. GrossAppellate Terms of the Supreme Court of New York · 1968
  5. Dean Construction Co. v. Simonetta Concrete Construction Corp.District Court, S.D. New York · 1965

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3Cited by8 opinions

  1. Miller v. Wells Fargo Bank International Corp.District Court, S.D. New York · 1975
  2. Elizabeth K. Knapp v. Walter P. McFarland Defendant-Appellee-Appellant, Sheriff of the City of New York, Appellant-AppelleeCourt of Appeals for the Second Circuit · 1972
  3. Breeden v. L.I. Bridge Fund, LLC (In Re Bennett Funding Group, Inc.)United States Bankruptcy Court, N.D. New York · 1999
  4. Mark S. Rose and Frederic G. Rose v. Amsouth Bank of Florida, Docket No. 04-0389-CvCourt of Appeals for the Second Circuit · 2004
  5. Barr v. National Aircraft Services, Inc. (In Re Cosmopolitan Aviation Corp.)United States Bankruptcy Court, E.D. New York · 1983

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