Legal Opinion
Commercial Trading Co. v. Potter Securities Corp.
Appellate Division of the Supreme Court of the State of New York
Decided July 1, 1966PublishedCited by 7 opinions
1Opinion of the Court
Order unanimously modified in accordance with the Memorandum and as modified affirmed, without costs of this appeal to any party. Memorandum: The defendant trustee in this action by way of counterclaim alleges that the plaintiff received payments from the bankrupt Potter while he was insolvent within the meaning of section 271 of the Debtor and Creditor Law, which payments were without a fair consideration as defined by section 272 of the Debtor and Creditor Law so as to render such payments fraudulent as to creditors under section 273 of the Debtor and Creditor Law. The trustee having the…
2Cases cited1 opinion
- Fairfield Junior Corp. v. Standard Platinum Co.Appellate Division of the Supreme Court of the State of New York · 1940
3Cited by7 opinions
- American Investment Bank, N.A. v. Marine Midland Bank, N.A.Appellate Division of the Supreme Court of the State of New York · 1993
- Joslin v. LopezAppellate Division of the Supreme Court of the State of New York · 2003
- McNellis v. RaymondDistrict Court, N.D. New York · 1968
- Rego Crescent Corp. v. Tymon (In Re Rego Crescent Corp.)United States Bankruptcy Court, E.D. New York · 1982
- Marine Midland Bank v. SteinNew York Supreme Court · 1980
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