CONSTRUCTORA MAZA, INC. v. BANCO de PONCE

No. 79-1309.

616 F.2d 573 (1980)

CONSTRUCTORA MAZA, INC., Plaintiff, Appellee, v. BANCO de PONCE, Defendant, Appellant.

United States Court of Appeals, First Circuit.

Decided February 22, 1980.


Attorney(s) appearing for the Case

Alex Gonzalez, San Juan, P. R., with whom Angel Alvarez Perez and Dubon, Gonzalez & Vazquez, Hato Rey, P. R., were on brief, for defendant, appellant.

Benjamin Rodriguez-Ramon, Hato Rey, P. R., with whom Teodoro Pena-Garcia and Jose Raul Cancio-Bigas, Hato Rey, P. R., were on brief, for plaintiff, appellee.

Before COFFIN, Chief Judge, CAMPBELL and BOWNES, Circuit Judges.


COFFIN, Chief Judge.

This appeal arises out of an action brought in the United States District Court for the District of Puerto Rico by the appellee, Constructora Maza, Inc. ("Maza"), a "debtor-in-possession", to invalidate as "voidable preferences" certain transfers of assets made by Maza to the appellant, Banco de Ponce (the "Bank"), within four months preceding Maza's filing a petition under Chapter XI of the Bankruptcy...

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