Edelman v. United States

In April 1945, Leyde and Leyde, a copartnership, executed a contract with the defendant for the construction of 152 life rafts. In May 1945, the plaintiff made a subcontract with the prime contractor to construct these rafts to be delivered between June and September 1945. The Arlington Trust Company, assignee of Leyde and Leyde, agreed that its assignment would be subject to the plaintiff’s subcontract and that it would forward to plaintiff all payments received from the defendant for plaintiff’s benefit. On August 21, *4101945, the prime contract was terminated for the convenience of the…