IN RE NATHAN & COHEN CO.


58 F.2d 670 (1932)

In re NATHAN & COHEN CO., Inc. IRVING TRUST CO. v. COMMERCIAL FACTORS CORPORATION.

District Court, S. D. New York.

April 25, 1932.


Attorney(s) appearing for the Case

Krause, Hirsch & Levin, of New York City (Sydney Krause, of New York City, of counsel), for plaintiff.

Hughes, Schurman & Dwight, of New York City (Charles E. Hughes, Jr., Frank C. Fisher, and Phillip W. Haberman, all of New York City, of counsel), for defendant.


COXE, District Judge.

This is a suit by the bankruptcy trustee of Nathan & Cohen Company, Inc., to set aside preferential transfers alleged to have been made to the defendant. The bankrupt was an old and favorably regarded converting house in New York City, and had been for a number of years prior to the filing of the bankruptcy petition on April 20, 1931, factored by the defendant, and its predecessor, Peierls, Buhler & Co., Inc., under a factoring agreement...

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