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Civil Procedure Keyed to Cound
Matter of Fornabai
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- Topic: Identifies the topic of law and where this case fits within your course outline.
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- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
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- Brief Facts: A Synopsis of the Facts of the case.
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- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
Fornabai filed for Chapter XI bankruptcy individually, and d/b/a Fornaby Equipment Co. on May 2, 1962. His realty was sold and valid liens against the realty were transferred to the proceeds of the sale. The amount held by the Trustee in Bankruptcy was insufficient for full satisfaction of all valid liens. Truck Equipment Corp. recovered a judgment against the bankrupt on December 8, 1960. Pak-Moi Manufacturing Co. recovered its judgment against the bankrupt on March 10, 1961. Both judgments were docketed as of the dates of recovery. The US filed notice of tax liens against the bankrupt April 10, 1961.
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