Legal Opinion

Udel v. Udel

Civil Court of the City of New York

Decided June 25, 1975PublishedCited by 10 opinions

1Opinion of the CourtBurton S. Sherman, J.

A judgment creditor moves pursuant to CPLR 5225 (subd [a]) for an order directing the judgment debtor to turn over to the sheriff stock certificates in his professional corporation to satisfy an unpaid judgment. This is of course a traditional remedy and would present no problem except for the question of whether stock certificates in a professional corporation because of their unique character are subject to turnover and if so, whether such a direction would achieve the desired result of satisfaction of the judgment.

The judgment of $9,931.40 was obtained for alimony arrears. The judgment…

2Cases cited1 opinion

  1. Telis v. TelisSupreme Court of New Jersey · 1942

3Cited by10 opinions

  1. Hotel 71 Mezz Lender LLC v. FalorNew York Court of Appeals · 2010
  2. Gulf Mortgage & Realty Investments v. AltenSuperior Court of Pennsylvania · 1980
  3. Saxe, Bacon & Bolan, P.C. v. Martindale-Hubbell, Inc.Court of Appeals for the Second Circuit · 1983
  4. Saxe, Bacon & Bolan, P.C. v. Martindale-Hubbell, Inc.Court of Appeals for the Second Circuit · 1983
  5. Lehtinen v. Drs. Lehtinen, Mervart & West, Inc.Ohio Supreme Court · 2003

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