Legal Opinion

Grubb v. General Contract Purchase Corporation

District Court, S.D. New York

Decided January 7, 1937PublishedCited by 15 opinions

1Opinion of the Court

PATTERSON, District Judge.

The trustee in bankruptcy of William P. Smith Company, Inc., brought an action at law to recover $37,500, alleged to have been received by the defendant as a voidable preference. The $37,500 was made up of three sums — $25,000 received on May 15, 1935, and $6,000 and $6,500 received on May 18, 1935. A jury was waived.

Down to the time of bankruptcy on June 6, 1935, the bankrupt was a corporation engaged in selling automobiles -at Wassaic, N. Y., under the guidance of William P. Smith. Whatever chances it had of successful continuance in business were ruined by…

2Cases cited5 opinions

  1. National Bank of Newport v. National Herkimer County Bank of Little FallsSupreme Court of the United States · 1912
  2. First Nat. Bank of Danville v. PhalenCourt of Appeals for the Seventh Circuit · 1932
  3. In Re Zaferis Bros. & Co.Court of Appeals for the Ninth Circuit · 1933
  4. Crosby v. PackerCourt of Appeals for the First Circuit · 1927
  5. Foster v. Bank of AbingdonU.S. Circuit Court for the District of Western Virginia · 1894

3Cited by15 opinions

  1. Robert J. BROWN, Trustee, Appellant, v. FIRST NATIONAL BANK OF LITTLE ROCK, ARKANSAS, Appellee. Ark-La Materials, Inc., DebtorCourt of Appeals for the First Circuit · 1984
  2. Bergquist v. Anderson-Greenwood Aviation Corp. (In Re Bellanca Aircraft Corp.)United States Bankruptcy Court, D. Minnesota · 1985
  3. Lingley v. Stuart Shaines, Inc. (In Re Acme-Dunham Inc.)District Court, D. Maine · 1985
  4. In Re MoskowitzUnited States Bankruptcy Court, S.D. New York · 1981
  5. Paul F. Kapela v. Samuel NewmanCourt of Appeals for the First Circuit · 1981

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