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IN RE FABRIC BUYS

Bankruptcy No. 81 B 10790, Adv. No. 81-5369-A.

34 B.R. 471 (1983)

In re FABRIC BUYS, Debtor.

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

October 20, 1983.

Attorney(s) appearing for the Case

Bertram Goldstein, New York City, for trustee.

O'Neill, DiManno & Kelly, New York City, for Nichimen.

MEMORANDUM & ORDER

JOHN J. GALGAY, Bankruptcy Judge.

Introduction

By summons and complaint and pursuant to section 350 of the Bankruptcy Reform Act of 1978 ("Code"), the bankruptcy trustee of Fabric Buys of Jericho, Inc. ("Debtor"), seeks to recover an alleged preference of $99,460.00 from the defendant seller for goods stopped in transit. Sanders Gropper, as trustee for the debtor ("Trustee"), claims that the stoppage within 90 days of...

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