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MTR. OF BERT LANSMAN & SONS (MARCUS)

103 Misc.2d 334 (1979)

In the Matter of the General Assignment for Benefit of Creditors of Bert Lansman & Sons, Inc., Assignor, to Leon C. Marcus, Assignee.

County Court, Suffolk County.

December 5, 1979.

Attorney(s) appearing for the Case

Siben & Siben for assignor. Marcus & Angel for assignee. Mullen & Iannarone, P. C., for National Bank of North America.

JOHN V. VAUGHN, J.

In this assignment for the benefit of creditors, the principal and president of the assignor debtor corporation moves for an order directing the assignee to pay and discharge a $20,000 debt owed by the assignor to the National Bank of North America.

From the record before the court, it appears that the assignor had obtained a secured loan from the National Bank of North America with...

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