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IN RE AMERICAN INTERN. AIRWAYS, INC.

Bankruptcy No. 84-02379K.

44 B.R. 143 (1984)

In re AMERICAN INTERNATIONAL AIRWAYS, INC., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

November 8, 1984.

Attorney(s) appearing for the Case

Pace Reich, Philadelphia, Pa., for debtor.

Neal D. Colton, Ethan D. Fogel, Dechert Price & Rhoads, Philadelphia, Pa., for Maxwell J. Goldberg.

Harry P. Begier, Jr., Philadelphia, Pa., interim trustee.

Edward J. DiDonato, Philadelphia, Pa., interim trustee.

OPINION

WILLIAM A. KING, Jr., Bankruptcy Judge.

Funds representing rental proceeds from the lease of a Boeing Model 727-023 aircraft have been paid into the Court pursuant to an interpleader motion. Both the Trustee of American International Airways, Inc. ("AIA"), and the owner of the aircraft claim they are entitled to receive the funds. For the reasons stated herein, we find that the interpleader funds are subject to a constructive trust in favor of the...

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