Legal Opinion
In re the General Assignment for the Benefit of Creditors of Marta Cooperative, Inc.
New York County Courts
Decided May 23, 1973PublishedCited by 10 opinions
1Opinion of the CourtFrank X. Altimari, J.
This is a motion by the assignee for an order requiring the General Electric Company to turn over to the assignee 462 units of Hotpoint merchandise.
Marta Cooperative, Inc. (hereinafter Marta) and the General Electric Company (hereinafter GE) have apparently done business with each other for some years. Up until March 11, 1970 they dealt on open account. On that date a security agreement and a financing statement were simultaneously executed. The security agreement bore no maturity date; the financing statement bore a maturity date of January 1, 1971. Some time prior to the maturity date, GE…
2Cases cited4 opinions
- In Re Carmichael Enterprises, Inc.District Court, N.D. Georgia · 1971
- Meriden Britannia Co. v. . ZingsenNew York Court of Appeals · 1872
- Tri-County Livestock Auction Co. v. Bank of MadisonSupreme Court of Georgia · 1971
- Cherno v. Bank of BabylonNew York Supreme Court · 1968
3Cited by10 opinions
- In Re ModafferiDistrict Court, S.D. New York · 1985
- American East India Corp. v. Ideal Shoe Co.District Court, E.D. Pennsylvania · 1975
- In re the General Assignment for the Benefit of Creditors of Pasco Sales Co.New York Supreme Court · 1974
- H & I Pipe & Supply Co. v. First National Bank of Crossville (In Re H & I Pipe & Supply Co.)United States Bankruptcy Court, M.D. Tennessee · 1984
- Royal Bank & Trust Co. v. Pereira (In Re Lady Madonna Industries, Inc.)District Court, S.D. New York · 1989
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