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SWETNAM v. EDMUND WRIGHT GINSBERG CORPORATION

No. 192.

128 F.2d 1 (1942)

SWETNAM v. EDMUND WRIGHT GINSBERG CORPORATION.

Circuit Court of Appeals, Second Circuit.

Decided May 5, 1942.

Attorney(s) appearing for the Case

Edward C. Weinrib, of New York City (Shaine & Weinrib, of New York City, on the brief), for plaintiff-appellant.

Duane R. Dills, of New York City (Dills, Muecke, Schelker & Levinson and Florence G. Brodman, all of New York City, on the brief), for defendant-appellee.

Before SWAN, AUGUSTUS N. HAND, and CLARK, Circuit Judges.

CLARK, Circuit Judge.

This case involves an attempted pledge whereby the asserted pledgee seeks to comply with the traditional common-law requirements of possession and still leave the asserted pledgor with sufficient access to the property to allow processing. The issue is presented by a plenary suit brought by a bankruptcy trustee appointed by the District Court for the Western District of Virginia, in which he seeks to set aside transfers of accounts receivable...

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