This section contains the nature of the case and procedural background.

On December 8, 1960, Truck Equipment Corp. recovered a judgment against Fornabai. On March 10, 1961, Pak-Mor Manufacturing Co. recovered its judgment against Fornabai. The Government (P) filed a notice of tax liens against Fornabai on April 10, 1961. On May 2, 1962, Fornabai was declared bankrupt, and his realty was sold. The proceeds of the real estate sale were insufficient for full satisfaction of the three liens. The order of the referee in Bankruptcy stated that the two judgment liens were entitled to priority in satisfaction over P's tax liens.

The legal issues presented in this case will be displayed here.

The court's holding and decision will be displayed here.

Legal analysis from Dean's Law Dictionary will be displayed here.