JENSEN v. WALTER KOZDRANSKI CO., INC.


40 A.D.2d 620 (1972)

Carolyn Jensen, Respondent, v. Walter Kozdranski Co., Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

September 14, 1972


Motion for a stay granted upon condition that defendant-appellant provides an undertaking in the amount of $500,000, and upon the further conditions that defendant-appellant will not make any transfers of its assets other than for a fair consideration as defined by the Debtor and Creditor Law, and will not declare or pay any dividend upon its capital stock prior to the hearing and determination of the appeal...

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