MATTER OF FEDER LITHO-GRAPHIC SERVICES, INC.

Bankruptcy No. 80-07343-B, Adv. No. 81-0853-B.

40 B.R. 486 (1984)

In the Matter of FEDER LITHO-GRAPHIC SERVICES, INC., Debtor. ROCKWELL INTERNATIONAL CORPORATION, et al., Plaintiffs and Counter-Defendants, v. FEDER LITHO-GRAPHIC SERVICES, INC., Defendant and Counter-Plaintiff.

United States Bankruptcy Court, E.D. Michigan, S.D.

June 27, 1984.


Attorney(s) appearing for the Case

John W. Callahan, P.C. by Gerald K. Flagg, Farmington Hills, Mich., for Feder Litho-Graphic Services, Inc.

Miller, Canfield, Paddock & Stone by Michael W. Hartmann, Detroit, Mich., for Rockwell Intern. Corp.


OPINION

GEORGE BRODY, Bankruptcy Judge.

On March 16, 1978, Rockwell International Corporation (Rockwell) entered into a contract to sell a Miehle Roland Four Color Offset Press to Feder Litho-Graphic Services, Inc. (debtor) for $381,970.1 Feder Litho-Graphic Services made a down payment of $50,000, and granted Rockwell a security interest to secure the payment of the balance due under the contract. The contract provided for some...

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