Chromacolour Labs, Inc. v. Snider Bros. Property Management, Inc.
Court of Special Appeals of Maryland
1Opinion of the Court
ROSALYN B. BELL, Judge.
This appeal presents us with a complex set of facts upon which to examine the application of the bulk transfer rules, embodied in Md.Comm.Law Code Ann., § 6-101 et seq., and the laws of garnishment.
On February 19, 1982, Chromacolour Labs, Inc. entered into an agreement with Maryland Color Photo, Inc. to purchase certain assets of Maryland Photo. In return for certain contract rights, accounts receivable and items of equipment, Chromacolour was to pay several debts of Maryland Photo amounting to $20,000. The particular debts were specified in the agreement. The…
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