Dagood Holding Corp. v. Rosenbluth

This s in form a judgment creditor’s action to sequestrate property of the corporate defendant Ralben Holding Corporation. It also seeks to establish statutory liability against the individual defendants, Abraham Rosenbluth and Morris Randell, for unpaid stock subscriptions. In addition alleged fraudulent transfers of the assets of the defendant corporation to the above-named individual defendants and the defendant Abraham Randell are charged. The complaint has been dismissed for insufficiency as to the last-named defendant.

The complaint shows that the corporate defendant is a stock…