MATTER OF DECATUR RADIO (CREDIT MEN'S ADJUST. BUR.)


205 Misc. 905 (1954)

In the Matter of the General Assignment for the Benefit of Creditors of Decatur Radio, Inc., Assignor, to New York Credit Men's Adjustment Bureau, Inc., Assignee.

Supreme Court, Special Term, Bronx County.

March 29, 1954.


Attorney(s) appearing for the Case

Levin & Weintraub for assignee.


MATTHEW M. LEVY, J.

The assignee in the matter of a general assignment for the benefit of creditors has moved before me for a settlement of its account. The estate is hopelessly insolvent, and when the proper expenses of administration are deducted, only priority creditors will be paid and then only to the extent of small prorata shares of their respective claims. A...

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