(Download) "Chico Police Officers Association v. City of Chico" by Third Appellate District Court of Appeal of California ~ Book PDF Kindle ePub Free
eBook details
- Title: Chico Police Officers Association v. City of Chico
- Author : Third Appellate District Court of Appeal of California
- Release Date : January 25, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 81 KB
Description
Pursuant to a general assignment for the benefit of creditors, plaintiff Credit Managers Association of Southern California, now known as Credit Managers Association of California (CMA), was assigned the assets of an insolvent partnership, National Transaction Systems (NTS). In marshalling the assets of the partnership in order to distribute them equally to the unsecured creditors, CMA brought this action against defendant James W. Brubaker pursuant to Code of Civil Procedure section 1800. The purpose of the action was to recover amounts which Brubaker, the chief executive officer of NTS, had received from NTS in preference over other unsecured creditors. Brubaker filed a cross-complaint for breach of his NTS employment contract and to recover compensation for services rendered after the assignment for benefit of creditors.