New York Supreme Court October 29, 1957 (In re the General Assignment for the Benefit of Creditors of Hughes & Co.)
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United States · · · 29-10-1957
Owen McGivern, J.
Motion for reargument granted and upon reargument the original decision denying a stay is adhered to.
When the original decision was issued the court was aware that the provisions of the Debtor and Creditor Law dealing with discharges in assignment proceedings were not presently effective, in view of the existence of the National Bankruptcy Act.
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