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O`NEILL v. LITTLE

107 N.J. Super. 426 (1969)

258 A.2d 731

THOMAS J. O'NEILL, TRUSTEE IN BANKRUPTCY OF OFFICE BUILDINGS OF AMERICA, INC., FIRST JERSEY SERVICING CO., INC. AND FIRST JERSEY SECURITIES CORPORATION, BANKRUPTS, PLAINTIFF, v. ARTHUR A LITTLE AND THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES, A CORPORATION, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided November 10, 1969.

Attorney(s) appearing for the Case

Mr. Frank J. Vecchione for plaintiff (Messrs. Crummy, Gibbons & O'Neill, attorneys).

Mr. James E. Masterson for defendant Rev. Arthur A. Little (Messrs. Kleinberg, Moroney, Masterson & Schachter, attorneys).

Mr. Charles W. Hutchinson for defendant The Equitable Life Assurance Society of the United States (Messrs. Lamb, Blake, Hutchinson & Dunne, attorneys).

MINTZ, J.S.C.

This is an action by a trustee in bankruptcy to set aside cash purchases of a series of annuity contracts made by the defendant Reverend Arthur A. Little (Rev. Little) with defendant The Equitable Life Assurance Society of the United States (Equitable). It is alleged that such purchases were made with intent to hinder, delay or defraud plaintiff, a creditor of Rev. Little, and should be set aside to the...

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