Case Name: Edgar A. Levy Leasing Co., Inc., Plaintiff, v. Jacob Wishner and Others, Defendants
Court: New York Supreme Court
Jurisdiction: New York
Decision Date: 1933-04-10
Citations: 147 Misc. 828
Docket Number: 
Parties: Edgar A. Levy Leasing Co., Inc., Plaintiff, v. Jacob Wishner and Others, Defendants.
Judges: 
Reporter: New York Miscellaneous Reports
Volume: 147
Pages: 828–829

Head Matter:
Edgar A. Levy Leasing Co., Inc., Plaintiff, v. Jacob Wishner and Others, Defendants.
Supreme Court, New York County,
April 10, 1933.
Alfred C. Bennett [Edgar F. Sachs of counsel], for the plaintiff, for the motion.
David Kachman, for defendant Jacob Wishner, opposed.
See 147 Misc. 829.

Opinion:
Frankenthaler, J.
The exemption provided for in section 55-a of the Insurance Law is expressly made inapplicable to a case of an assignment in fraud of creditors. Wittman v. Littlefield (142 Misc. 916; affd., 235 App. Div. 831) is distinguishable. The complaint in that case alleged an assignment in fraud of creditors. As a motion to dismiss defenses for insufficiency searches the record, the dismissal in that case of a number of the defenses indicates that the complaint was deemed sufficient notwithstanding the exemption authorized by section 55-a of the Insurance Law. All that was decided in the Wittman case was that disability payments are included within the term " proceeds and avails " of the policy. This is confirmed by the statement of the court at Special Term that the only issues before it were " the validity of the assignment and the effect of section 55-a." As the plaintiff, here, has established prima facie that the policy was assigned in fraud of creditors, this motion for a temporary injunction is granted. Settle order.