Legal Opinion

Bankers Trust Co. v. Braten

Court of Appeals of South Carolina

Decided February 13, 1995No. 2300PublishedCited by 10 opinions

1Opinion of the Court

Howard, Judge:

This is an action for domestication of a New York judgment obtained by Bankers Trust Company (Bankers) against Milton Braten, a South Carolina resident in the sum of $3,808,198.70. The trial court granted Bankers’ motion for summary judgment, from which Braten now appeals. We affirm.

In 1971, Braten executed a personal guaranty of the obligations of Braten Apparel Company (BAC) to Bankers. In 1974, BAC filed a Chapter XI bankruptcy in the Southern District of New York. After confirmation of a plan of reorganization in 1976, the Bankruptcy Court revoked confirmation in 1982…

2Cases cited10 opinions

  1. Hazel-Atlas Glass Co. v. Hartford-Empire Co.Supreme Court of the United States · 1944
  2. Cafe Associates, Ltd. v. GerngrossSupreme Court of South Carolina · 1991
  3. Standard Fire Ins. Co. v. MARINE CONTRACTING AND TOWING COMPANYSupreme Court of South Carolina · 1990
  4. Hilton Head Center of South Carolina, Inc. v. Public Service CommissionSupreme Court of South Carolina · 1987
  5. Matter of Braten Apparel Corp.United States Bankruptcy Court, S.D. New York · 1982

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3Cited by10 opinions

  1. Tanner v. Florence County TreasurerSupreme Court of South Carolina · 1999
  2. Chewning v. Ford Motor Co.Supreme Court of South Carolina · 2003
  3. Aaron v. MahlSupreme Court of South Carolina · 2009
  4. Braten v. FinkelsteinAppellate Division of the Supreme Court of the State of New York · 1997
  5. Security Credit Leasing, Inc. v. ArmalyCourt of Appeals of South Carolina · 2000

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