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PRUDENTIAL INS. CO. OF AMERICA v. LAND ESTATES

No. 376.

79 F.2d 196 (1935)

PRUDENTIAL INS. CO. OF AMERICA v. LAND ESTATES, Inc. In re NOLLMAN.

Circuit Court of Appeals, Second Circuit.

August 5, 1935.

Attorney(s) appearing for the Case

Pickett & Pickett, of Brooklyn, N. Y. (Walter H. Pickett, of Brooklyn, N. Y., of counsel), for petitioner-appellant.

Greenbaum, Wolff & Ernst and Stephen Callaghan, all of New York City (Phillip F. Seigenfeld and Callman Gottesman, both of New York City, of counsel), for respondents ancillary receivers.

Clark & Reynolds, of New York City, for plaintiff-respondent Prudential Ins. Co. of America.

Harry Rodwin, of New York City, for respondent rehabilitator of New York Title & Mortgage Co.

Henry M. Bellinger, of New York City, for defendant-respondent Land Estates, Inc.

Before MANTON, SWAN, and CHASE, Circuit Judges.

CHASE, Circuit Judge.

The defendant, Land Estates, Incorporated, is the wholly owned subsidiary of the New York Title & Mortgage Company, a corporation in process of rehabilitation under the provisions of article 11 of the Insurance Laws of New York (Consol. Laws N. Y. c. 28, § 400 et seq.). On a creditor's bill filed in the District Court for the Eastern District of New York against the defendant, ancillary receivers...

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