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IN RE WRIGHT INDUSTRIES

No. 65749.

93 F.Supp. 58 (1950)

In re WRIGHT INDUSTRIES, Inc. KEARNEY v. NATIONAL BRASS & COPPER CO., Inc., et al.

United States District Court N. D. Ohio, E. D.

September 6, 1950.

Attorney(s) appearing for the Case

Murray A. Nadler, Youngstown, Ohio, for trustee.

Ross E. Diser, Youngstown, Ohio, for National Brass & Copper Co., Inc.

Riddle & Riddle, Lisbon, Ohio, for bankrupt.

JONES, Chief Judge.

This is a petition for review of an order of the Referee in Bankruptcy that the mortgage and factor's lien of the petitioner were invalid as against the claim of the trustee.

The Referee held that (1) the mortgage and lien were fraudulent transfers under Section 67, sub. d(2) (d) of the Bankruptcy Act; (2) the mortgage and lien were preferences under Ohio law; and (3) the mortgage and lien were fraudulent conveyances under Ohio law.

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