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CHEMICAL BANK v. SOCIETY BRAND INDUSTRIES, INC.

No. 84 Civ. 1763 (RWS).

624 F.Supp. 979 (1985)

CHEMICAL BANK, Plaintiff, v. SOCIETY BRAND INDUSTRIES, INC., Society Brand International, Inc., Sew & Sew, Inc., Kelly Sportswear, Inc., Frank J. Novoson, Joel Rappaport, SBI Acquisition Corporation and Porsche, Inc., Defendants.

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

December 24, 1985.

Attorney(s) appearing for the Case

Zalkin, Rodin & Goodman, New York City by Andrew D. Gottfried, Menachem O. Zelmanovitz, Peter M. Levine, of counsel, for plaintiff.

Willkie Farr & Gallagher, New York City by Robert J. Kheel, Kim Sperduto, Richard Schirtzer, of counsel, for defendants.

SWEET, District Judge.

Defendants SBI Acquisition Corporation ("SBI") and Porsche, Inc. ("Porsche") have brought a motion seeking dismissal of the amended and supplemental complaint of the Chemical Bank ("Chemical") as against them. Chemical has sought relief against SBI and Porsche based on the defendants' alleged violation of the Bulk Sales Article of the U.C.C., N.Y.U.C.C. §§ 6-101 et seq., and for common law conversion of property. For the following...

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