In Re Rosen
Court of Appeals for the Third Circuit
1Opinion of the Court
GOODRICH, Circuit Judge.
This case involves the much discussed subject 1 of the effect of an assignment of book accounts when the assignor has subsequently become a bankrupt. The assignor did business in New Jersey with New Jersey customers. Forty-four assignments are involved, all made to one assignee, Standard Factors Corporation. The debtors were not notified until November 18, 1942. The assignor was declared a bankrupt on November 23, 1942. The trustee claims that under Section 60, sub. a of the Bankruptcy Act, as amended in 1938, 2 the assignments may be avoided as preferences. The…
2Cases cited10 opinions
- Fidelity Union Trust Co. v. FieldSupreme Court of the United States · 1941
- Salem Trust Co. v. Manufacturers' Finance Co.Supreme Court of the United States · 1924
- McKenzie v. Irving Trust Co.Supreme Court of the United States · 1945
- Corn Exchange National Bank & Trust Co. v. KlauderSupreme Court of the United States · 1943
- Jenkinson v. New York Finance Co.New Jersey Court of Chancery · 1911
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3Cited by16 opinions
- D. K. Porter, Trustee in Bankruptcy of Abe Greenband v. Woodey B. Searle and Edlean E. SearleCourt of Appeals for the Tenth Circuit · 1955
- M. M. Landy, Inc. v. John Nicholas, as Receiver of Continental Charterers, Inc., BankruptCourt of Appeals for the Fifth Circuit · 1955
- Fed. Sec. L. Rep. P 94,150 Oliver R. Grace v. Daniel K. LudwigCourt of Appeals for the Second Circuit · 1973
- Wally Gray and Maryland Casualty Company, a Corporation, and Northern Commercial Company, a Corporation v. Travelers Indemnity Company, a CorporationCourt of Appeals for the Ninth Circuit · 1960
- Shapiro v. D. H. Overmyer Co. (In Re D. H. Overmyer Co.)United States Bankruptcy Court, S.D. New York · 1981
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