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IN RE VASU FABRICS, INC.

Bankruptcy No. 82 B 12071 (PBA), Adv. No. 83-5813A.

39 B.R. 513 (1984)

In re VASU FABRICS, INC., Debtor. NEW YORK CREDIT ADJUSTMENT BUREAU, INC., Trustee, Plaintiff, v. JUST IN-MATERIALS DESIGNS, LTD., Defendant.

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

April 27, 1984.

Attorney(s) appearing for the Case

Patterson, Belknap, Webb & Tyler, New York City, for trustee; David W. Dykhouse, Rees W. Morrison, New York City, of counsel.

Lauritano & Schlacter, New York City, for defendant Just In-Materials Designs, Ltd.; Jed R. Schlacter, New York City, of counsel.

MEMORANDUM DECISION ON TRUSTEE'S MOTION FOR SUMMARY JUDGMENT

PRUDENCE B. ABRAM, Bankruptcy Judge:

On October 26, 1982 an involuntary petition for relief under Chapter 7 of the Bankruptcy Code was filed against the debtor, Vasu Fabrics, Inc. ("Vasu" or the "Debtor"). An order for relief was entered on November 23, 1982. The Trustee, New York Credit Adjustment Bureau, Inc. ("Trustee"), was appointed on February 2, 1983. On July 21, 1983, the Trustee commenced...

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