Does the sale of the bankrupt's interest in the partnership constitute a sale of assets?

California, United States of America


The following excerpt is from Security First Nat. Bank v. Whittaker, 241 Cal.App.2d 554, 50 Cal.Rptr. 652 (Cal. App. 1966):

The sale of the bankrupt's interest in the partnership did not purport to do more than transfer Cirillo's interest in the partnership. It was not a sale of particular assets. (Anderson v. United States, D.C., 131 F.Supp. 501, 503.)

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