Legal Opinion
Oliner v. American-Oriental Banking Corp.
Appellate Division of the Supreme Court of the State of New York
Decided July 8, 1937PublishedCited by 20 opinions
1Opinion of the CourtHagarty, J.
This action is for the appointment of a permanent receiver, pursuant to section 977-b of the Civil Practice Act. This section became effective on the 8th day of June, 1936, and marks a distinct change in the policy of this State with respect to the disposition of property situated here but which belongs to a foreign corporation that has ceased to do business for any reason, or has been dissolved, liquidated, or nationalized.
The purpose of this statute, clearly, is to administer the distribution of such assets in this State, irrespective of the scheme of distribution promulgated in any other…
2Cases cited3 opinions
- Clark v. WilliardSupreme Court of the United States · 1935
- Warner v. . JaffrayNew York Court of Appeals · 1884
- Betz v. New Jersey Refrigerating Co.Appellate Division of the Supreme Court of the State of New York · 1931
3Cited by20 opinions
- Zittman v. McGrathSupreme Court of the United States · 1951
- Banco Nacional De Cuba v. SabbatinoDistrict Court, S.D. New York · 1961
- Markham v. TaylorDistrict Court, S.D. New York · 1947
- Hirson v. United Stores Corp.Appellate Division of the Supreme Court of the State of New York · 1942
- Propper v. BuckNew York Supreme Court · 1942
15 more not listed; retrieve them via the Exa API.