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IN RE FADER MOTOR COMPANY

245 A.2d 156 (1968)

In the Matter of FADER MOTOR COMPANY, a Delaware corporation.

Court of Chancery of Delaware, New Castle.

July 19, 1968.

Attorney(s) appearing for the Case

Richard J. Abrams, of Richards, Layton & Finger, Wilmington, for the estate of A. Franklin Fader.

F. Alton Tybout, of Tybout & Redfearn, Wilmington, pro se receiver of Fader Motor Co.

DUFFY, Chancellor:

This is the decision on the merits of a claim filed by the Estate of A. Franklin Fader ("Estate") against the Receiver of Fader Motor Co., a Delaware corporation ("Receiver"). The Estate, as subrogee of Universal C.I.T. Credit Corporation ("C.I. T."), seeks, inter alia, an adjudication that it had a lien on certain funds owed to Fader Motor Co. ("Fader Co.") by the Ford Motor Company ("Ford"), and...

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