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IN RE CHECKMATE STEREO & ELECTRONICS, LTD.

Bankruptcy Nos. 180-02124-21, 180-02125-21, Adv. Nos. 180-0366, 180-0367.

9 B.R. 585 (1981)

In re CHECKMATE STEREO AND ELECTRONICS, LTD., Debtor. John S. PEREIRA, Trustee in Bankruptcy, Plaintiff, v. CHECKMATE COMMUNICATIONS CO., INC. and/or Checkmate Communications, Ltd. and/or Checkmate Stereo & Co., Inc. and/or Checkmate Automotive and Gerald Wren, Jr. and Gerald Wren, Sr., Defendants. In re CHECKMATE MARKETING CO., INC., Debtor. John S. PEREIRA, Trustee in Bankruptcy, Plaintiff, v. CHECKMATE COMMUNICATIONS CO., INC. and/or Checkmate Communications, Ltd. and/or Checkmate Stereo & Co., Inc. and/or Checkmate Automotive and Gerald Wren, Jr. and Gerald Wren, Sr., Defendants.

United States Bankruptcy Court, E.D. New York.

February 5, 1981.

Attorney(s) appearing for the Case

Robert P. Herzog, New York City, for trustee.

Ballon, Stoll & Itzler, New York City, for defendants.

OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

These adversary proceedings, which were consolidated for trial, are brought by the trustee in bankruptcy of two related corporations: Checkmate Stereo and Electronics, Ltd. ("Stereo"), and Checkmate Marketing Co., Inc. ("Marketing"). The complaint invokes §§ 541, 544, and 548 of Title 11 of the United States Code.1 The relief sought includes the nullification of various transfers...

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