MATTER OF CENTENNIAL INDUSTRIES, INC.

Bankruptcy No. 78 B 1658.

18 B.R. 348 (1982)

In the Matter of CENTENNIAL INDUSTRIES, INC., d/b/a Biddle Purchasing Company; R.K. Carter & Co.; Derrick Leonard & Co.; Kanowitz, Farese & Co.; Cam International; Harben Company; Gotham Druggists' Supply; Auto Parts & Gear; Jabro Auto Parts & Warehouse; and Atlantic Can Co.; Debtors. CENTENNIAL INDUSTRIES, INC., Debtor-in-Possession, Plaintiff, v. Steve KLEIN and Merchandise Liquidators, Inc., Defendants.

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

March 16, 1982.


Attorney(s) appearing for the Case

Robert L. Howard, Glass & Howard, New York City, for debtor/plaintiff.

Otterbourg, Steindler, Houston & Rosen, New York City, for defendants.

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Centennial Industries, Inc.


MEMORANDUM AND ORDER

JOHN J. GALGAY, Bankruptcy Judge.

For reasons to be set forth in the following discussion, this Court grants defendants' motion to dismiss the instant adversary proceeding and denies plaintiff's cross-motion for transfer pursuant to Bankruptcy Rule 915(b).

On April 24, 1979, during the pendency of its Chapter XI proceeding, Centennial Industries, Inc., ("Centennial") as debtor in possession initiated an adversary proceeding under...

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