Court of Appeals for the Second Circuit June 26, 1978, Nos. 1003, 1204, Dockets 78-5020, 78-5022 (Ollag Construction Equipment Corp. v. Goldman)

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United States · · · 26-06-1978

IRVING R. KAUFMAN, Chief Judge:

When financial storms rage, unsecured creditors take on collateral as ballast. The security thus gained is often tenuous, however, for if bankruptcy is involved, it may be dissolved by the trustee’s challenge.

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