IN RE AMERICAN ACOUSTICS

No. 6672a.

86 F.Supp. 607 (1949)

In re AMERICAN ACOUSTICS, Inc.

United States District Court D. New Jersey.

October 11, 1949.


Attorney(s) appearing for the Case

Young, Shanley, Foehl & Fisher, by Harold H. Fisher, Newark, N. J., attorneys for debtor.

Larkey, Mareiniss & Snyder, by Barney Larkey, Newark, N. J., attorneys for trustee.


FAKE, Chief Judge.

In the instant issue a question is raised, by petitioner, as to whether a certain account receivable passed anything to the petitioner as the purchaser of debtor's assets. It appears that in continuing the debtor's business, the trustee had opened an account with Mutual International Corporation, and at the time the sale of the accounts receivable was consummated by acceptance, that particular account disclosed the sum of $2,479.84 as due to and...

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