Peter A. Ward, as Receiver of the Property and Effects of Norman Petrie, Respondent v. Norman Petrie and Flora…

Summary

The New York Court of Appeals held that a receiver appointed in supplementary proceedings lacks authority to bring an action at law for damages arising from a fraudulent conspiracy to prevent collection of a judgment creditor's debt. The statutory provisions governing receivers do not confer such a right, which is confined to the judgment creditor, and the receiver's capacity to sue does not waive the lack of a cause of action.