Legal Opinion
In re Tiffany Lingerie, Inc. Ambassador Factors Corp.
New York Supreme Court
Decided September 30, 1960Published
1Opinion of the CourtJacob J. Schwabtzwald, J.
By this application petitioner seeks issuance of a turnover order against the assignee for the benefit of creditors upon the ground that the assignee is in possession of the proceeds from certain accounts receivable of the assignor alleged to be the property of the petitioner as the purchaser thereof, pursuant to the terms of a factoring agreement theretofore made with the assignor.
On the basis of the admitted facts appearing in the principal motion the assignee cross-moves for a turnover order directed against petitioner to recover the proceeds of accounts receivables remaining in the…
2Cases cited5 opinions
- Rentways, Inc. v. O'Neill Milk & Cream Co.New York Court of Appeals · 1955
- Gillet v. . Bank of AmericaNew York Court of Appeals · 1899
- Faylor v. BriceIndiana Court of Appeals · 1893
- Benham v. Columbia Canal Co.Washington Supreme Court · 1913
- Bellows v. BenderAppellate Terms of the Supreme Court of New York · 1914