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MATTES v. AMERICAN ACCEPTANCE CORPORATION

Civ. A. No. 5415.

204 F.Supp. 26 (1961)

Roger MATTES, as Trustee in Bankruptcy of Carpet Center, Inc., Bankrupt, v. AMERICAN ACCEPTANCE CORPORATION and Bigelow-Sanford Carpet Company, Inc.

United States District Court M. D. Pennsylvania.

June 14, 1961.

Attorney(s) appearing for the Case

Joseph E. Gallagher, Scranton, Pa., for plaintiff.

Reynolds, Reynolds & Doran, Wilkes-Barre, Pa., Jenkins, Bennett & Jenkins, Philadelphia, Pa., for defendants.

JOHN W. MURPHY, Chief Judge.

In this non-jury proceeding plaintiff as trustee in bankruptcy of Carpet Center, Inc.,1 seeks to recover alleged preferences allowed in violation of § 60 of the Bankruptcy Act as amended, 11 U.S.C.A. § 96.2

December 1, 1950, Carpet Center, as a borrower, entered into a Limited Factor Lien Agreement with American Acceptance...

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