Prospect Coal Co. v. Commercial Credit Corp.
Prospect Coal Co. v. Commercial Credit Corp.
161 Misc. 780; 293 N.Y.S. 231; 1937 N.Y. Misc. LEXIS 1493
Opinion of the Court
An assignment not otherwise shown invalid by a debtor to his judgment creditor of a credit in a bank account does not become invalid or subordinate to the claim of a prior judgment creditor who has merely served upon such bank a third-party order for examination in supplementary proceedings containing a restraining provision.
Order reversed, with ten dollars costs, and motion granted, with ten dollars costs.
All concur. Present — Lydon, Hammer and Franken-THALER, JJ.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.