Legal Opinion

Kay Manufacturing Corp. v. Weiss

New York Supreme Court

Decided October 14, 1957PublishedCited by 2 opinions

1Opinion of the CourtLouis L. Friedman, J.

Defendant moves pursuant to rule 112, of the Rules of Civil Practice, for judgment on the pleadings. In substance the action is for goods sold and delivered to defendant upon which there is an alleged balance due of $609.92. Defendant asserts that there has been an assignment for the benefit of the creditors and that since plaintiff received a prorata dividend plaintiff’s claim is satisfied and discharged. An assignment under article 2 of the Debtor and Creditor Law does not discharge the debtor (Swift & Co., Inc., v. Novotny, 28 N. Y. S., 2d 562); “ he continues to remain liable for the…

2Cases cited2 opinions

  1. In Re the General Assignment for the Benefit of Creditors of Pavone Textile Corp.New York Court of Appeals · 1951
  2. In re the General Assignment for the Benefit of Creditors of Pavone Textile Corp.New York Supreme Court · 1949

3Cited by2 opinions

  1. Freeman v. Marine Midland Bank-New YorkDistrict Court, E.D. New York · 1976
  2. Abondolo v. Jerry WWHS Co.District Court, E.D. New York · 2011

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