Case Name: Carolyn Jensen, Respondent, v. Walter Kozdranski Co., Inc., Appellant
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1972-09-14
Citations: 40 A.D.2d 620
Docket Number: 
Parties: Carolyn Jensen, Respondent, v. Walter Kozdranski Co., Inc., Appellant.
Judges: 
Reporter: Appellate Division Reports
Volume: 40
Pages: 620–620

Head Matter:
Carolyn Jensen, Respondent, v. Walter Kozdranski Co., Inc., Appellant.

Opinion:
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 taken herein.