THE BANK OF NEW YORK v. TRECO, 99-5074
Section 304(c)(4) of the bankruptcy code prohibits a US bankruptcy court from turning over secured assets to an unsecured creditor which has obtained a judgment in a foreign bankruptcy proceeding.
- Argued 06/14/2000
- Decided 03/12/2001
- Published 03/12/2001
- SACK, Circuit Judge:, Before KEARSE and SACK, Circuit Judges, and HURD, District Judge.
- United States Second Circuit
- For Appellant:
- Richard G. Haddad (Daniel Wallen, Frederick M. Klein, of counsel), Otterbourg, Steindler, Houston & Rosen, P.C., New York, NY, for Appellants., Bruce E. Clark, Sullivan & Cromwell, New York, N.Y. (H. Rodgin Cohen, William L. Farris, Norman R. Nelson, of counsel) submitted a brief for Amicus Curiae The New York Clearing House Association L.L.C.
- For Appellees:
- Melvin A. Brosterman (Michele L. Pahmer, Moshe Sasson, of counsel), Stroock & Stroock & Lavan, New York, NY, for Appellees.