Opinion
No. 996, Docket 79-5003.
Submitted June 6, 1979.
Decided June 7, 1979.
Jules V. Speciner, Great Neck, N.Y., for plaintiff-appellant pro se.
Eichler Forgosh, P. A., Irvington, N. J., for defendant-appellee.
Appeal from the United States District Court for the Eastern District of New York.
Before KAUFMAN, Chief Judge, and OAKES and MESKILL, Circuit Judges.
We affirm on Judge Pratt's opinion for the district court, 471 F.Supp. 549, No. 78 C 360 (E.D.N.Y. 1978). We note that Congress has addressed accounts receivable financing in the new Bankruptcy Act. Effective October 1, 1979, the issue now before us will be controlled by § 547(c)(5) of the Act.