Legal Opinion

In re Katz & Williams, Inc.

District Court, S.D. New York

Decided December 1, 1941No. 79366PublishedCited by 4 opinions

1Opinion of the Court

LEIBELL, District Judge.

At the election of the trustee in bankruptcy there was a deadlock. Neither side had a majority of creditors in number and amount. Four creditors with claims totalling $8,000 voted for one candidate and eight creditors with claims totalling $2,000 voted for the general assignee. The Referee properly appointed a trustee. He named as trustee the assignee under a general assignment for the benefit of creditors.

The attorney for the unsuccessful candidate objected to claims filed by the eight creditors. Pie stated the grounds of his objection as follows: “There is no…

2Cited by4 opinions

  1. In the Matter of Eloise Curtis, Inc., Bankrupt, James Talcott, Inc., a Creditor, James G. Foley, TrusteeCourt of Appeals for the Second Circuit · 1964
  2. In Re Kam Kuo Seafood Corp.United States Bankruptcy Court, S.D. New York · 1984
  3. In re Baldwin Lumber Supply Co.Court of Appeals for the Second Circuit · 1959
  4. In the Matter of Baldwin Lumber Supply Co., Inc., Bankrupt, Smith Plywood Corporation, Meyer J. Rider, Trustee-Appellee, Lida Credit Agency of Westchester, Creditor-AppelleesCourt of Appeals for the Second Circuit · 1959

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