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PERILSTEIN GLASS CORP v. SHIELD-WELL ALUMINUM CORP

77 N.J. Super. 93 (1962)

185 A.2d 417

PERILSTEIN GLASS CORPORATION, A CORPORATION OF THE STATE OF NEW YORK, PLAINTIFF, v. SHIELD-WELL ALUMINUM CORP., A CORPORATION OF THE STATE OF NEW YORK, AUTHORIZED TO DO BUSINESS IN NEW JERSEY, DEFENDANT.

Superior Court of New Jersey, Chancery Division.

Decided November 1, 1962.

Attorney(s) appearing for the Case

Mr. Joshua M. Levin for William A. Fasolo, receiver (Messrs. Levin & Chenkin, attorneys).

Mr. Joseph M. Levinsohn for United States Extrusions Corporation and Excelum Aluminum Products Corporation.

COLLESTER, J.S.C.

This matter comes before this court upon the petition of the receiver of Shield-Well Aluminum Corp., an insolvent corporation, for an order directing the United States Extrusions Corporation and the Excelum Aluminum Products Corporation, creditors of the insolvent corporation, to turn over the sums of $7,840.86 and $2,016.24, respectively, allegedly paid to them by Shield-Well Aluminum Corp. as preferential payments while the latter was insolvent...

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