MATTER OF SUPERIOR LEATHER CO., INC. v. LIPMAN SPLIT CO., INC.


116 A.D.2d 796 (1986)

In the Matter of Superior Leather Company, Inc., Respondent, v. Lipman Split Company, Inc., et al., Respondents, and Mohawk Leather Company, Inc., Appellant

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

January 2, 1986


Main, J. P.

Petitioner obtained a judgment in the amount of $45,317.95 against respondent Lipman Split Company, Inc. (Lipman), in March 1982. No part of that judgment has been satisfied, however, because Lipman had transferred its assets to respondent Mohawk Leather Company, Inc. (Mohawk), in November 1981, at which time petitioner's action against Lipman, which resulted in the judgment in question, was pending. In exchange for the assets that it received...

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