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OTTE v. LANDY

No. 1346.

143 F.Supp. 893 (1956)

William OTTE, Richard Green and Russell Knapp, as Trustees of Paper Corporation of America, Bankrupt, Plaintiffs, v. Murray LANDY, individually and as Mortgage Trustee; I. Lawrence Lesavoy and David Getz, Defendants.

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

September 12, 1956.

Attorney(s) appearing for the Case

David Haar, New York City, Smith & Brooker, Bay City, Mich., for plaintiffs.

Bevan, Young & Walter, Detroit, Mich., for defendants.

PICARD, District Judge.

Plaintiffs, trustees in bankruptcy of Paper Corporation of America, a Delaware corporation, seek to set aside a mortgage held by defendants of bankrupt's assets (all in Michigan) on the ground that it is in fraud of creditors.

Findings of Fact.

Suit was started in 1953 to reorganize the Delaware corporation under Chapter X and the case has been in this court since December 8, 1953...

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