Legal Opinion

In re Polansky

District Court, S.D. New York

Decided March 10, 1930No. 46776PublishedCited by 6 opinions

1Opinion of the Court

CAFFEY, District Judge.

Where, as here, a debtor transfers all his assets to a trustee for the benefit of all his creditors, the instrument is, within the meaning of the Debtor and Creditor Law (New York Laws of 1909, chapter 17 [Consol. Laws, c. 12]), a general assignment. Young v. Stone, 61 App. Div. 364, 70 N. Y. S. 558, aff’d 174 N. Y. 517, 66 N. E. 1118. The inelusion of a clause, such as that in the second paragraph of the so-called deed of trust produced at the hearing, ostensibly entitling the assignee to defeat the transfer in event he discovers he has been misled by the assignor,…

2Cases cited15 opinions

  1. Walker v. Walker'sSupreme Court of the United States · 1870
  2. Barney Ex Rel. Woodhull v. SaundersSupreme Court of the United States · 1854
  3. Stevens v. . MelcherNew York Court of Appeals · 1897
  4. In Re the Accounting of BusheNew York Court of Appeals · 1919
  5. Cook v. . LowryNew York Court of Appeals · 1884

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3Cited by6 opinions

  1. In Re Republic Gas CorporationDistrict Court, S.D. New York · 1936
  2. Lewis v. IngramCourt of Appeals for the Tenth Circuit · 1932
  3. New York State Teamsters Council Health & Hospital Fund v. Estate of DePernoDistrict Court, N.D. New York · 1993
  4. Brandt v. OttensoserCourt of Appeals for the Second Circuit · 1933
  5. MacNell v. BailenCourt of Appeals for the First Circuit · 1944

1 more not listed; retrieve them via the Exa API.

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