Case Name: In re FAIN
Court: United States District Court for the Eastern District of New York
Jurisdiction: United States
Decision Date: 1930-12-03
Citations: 45 F.2d 912
Docket Number: No. 19560
Parties: In re FAIN.
Judges: 
Reporter: Federal Reporter 2d Series
Volume: 45
Pages: 912–912

Head Matter:
In re FAIN.
No. 19560.
District Court, E. D. New York.
Dec. 3, 1930.
Chauneey H. Levy, of New York City, for receiver.
Cottin & Joseph, of New York City, for judgment creditor.

Opinion:
BYERS, District Judge.
Ten days prior to the filing of the involuntary petition herein on October 30,1930, an execution had been issued upon a judgment recovered in the Municipal Court of the city of New York, borough of Manhattan, Third ^district, in which Lamour Knitting Co., Inc., was plaintiff! and "Fain-Famous Textiles, Inc.," was defendant.
Levy was made by a city marshal, prior to the filing of the bankruptcy petition, and this motion was made to compel the judgment creditor and the said marshal to surrender the property levied upon, to the receiver in bankruptcy of this individual alleg-ed bankrupt, upon the theory that his property was levied upon, instead of that of the defendant named in that action.
Such summary disposition of an adverse claim to property, not in the possession or custody of the receiver, and which property is asserted not to have been that of the bankrupt, seems not to be contemplated by the law. A plenary suit by the trustee would afford the only satisfactory and legal method for determining the controversy.
Motion denied. Settle order on two days' notice.