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KLEIN v. TABATCHNICK

No. 74 Civ. 751.

459 F.Supp. 707 (1978)

Jerry B. KLEIN, as Trustee for the Liquidation of the Business of JNT Investors, Inc., Debtor, Plaintiff, v. Jay N. TABATCHNICK and S. Wolfe Emmer, Defendants.

United States District Court, S. D. New York.

October 16, 1978.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, New York City, for plaintiff; Kevin P. Hughes, William Simon, New York City, of counsel.

Bobrow, Greenapple, Burton, Distler & Midler, New York City, for defendant Jay N. Tabatchnick; Lawrence Greenapple, New York City, of counsel.

Gibson, Dunn & Crutcher, Los Angeles, Cal., Conboy, Hewitt, O'Brien & Boardman, New York City, for defendant S. Wolfe Emmer; Steven A. Meiers, Arthur L. Sherwood, Los Angeles, Cal., Timothy C. Quinn, Jr., New York City, of counsel.

OPINION

ROBERT J. WARD, District Judge.

Plaintiff Jerry B. Klein ("the Trustee"), the trustee for the liquidation of the business of JNT Investors, Inc. ("JNT"), brought this action to recover the value of certain of JNT's assets allegedly transferred to defendant S. Wolfe Emmer ("Emmer") by JNT through its founder and president, defendant Jay N. Tabatchnick ("Tabatchnick"), in two transactions. The first transaction involved the transfer to Emmer by JNT...

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