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IN RE DESIGN 3 LTD., INC.

Bankruptcy No. 80-00019-BKC-JAG, Adv. No. 81-0513-BKC-JAG-A.

18 B.R. 431 (1982)

In re DESIGN 3 LTD., INC., Debtor. James B. McCRACKEN, Trustee Plaintiff. v. SALEM CARPET MILLS, INC., d/b/a Majestic Carpet Mills, Defendant.

United States Bankruptcy Court, S.D. Florida.

January 28, 1982.

Attorney(s) appearing for the Case

Chad P. Pugatch, Cooper, Shahady, Frazier & Pugatch, Fort Lauderdale, Fla., for trustee-plaintiff.

A. Rodger Traynor, Jr., Fowler, White, Burnett, Hurley, Banick & Strickroot, P.A., Miami, Fla., for defendant.

James B. McCracken, Fort Lauderdale, Fla., trustee.

JOSEPH A. GASSEN, Bankruptcy Judge.

FINDINGS AND CONCLUSIONS

In this adversary proceeding, the trustee seeks to recover on behalf of the debtor-estate an alleged preference created through the payment by one of the major stockholders and principal operators of the debtor to one of its suppliers, Salem Carpet Mills, Inc., the defendant in this adversary proceeding. The trustee further alleges that the stockholder and principal, Myrna Schweiger, together with...

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