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IN RE MARKETING RESOURCES INTERN. CORP.

Bankruptcy No. 83-01437G, Adv. Nos. 83-2028G, 83-2092G and 83-2093G.

41 B.R. 575 (1984)

In re MARKETING RESOURCES INTERNATIONAL CORP., Debtor. MARKETING RESOURCES INTERNATIONAL CORP., Plaintiff, v. PTC CORPORATION, Defendant. MARKETING RESOURCES INTERNATIONAL CORP., Plaintiff, v. Francis A. CERCHIARO, Defendant. MARKETING RESOURCES INTERNATIONAL CORP., Plaintiff, v. PTC CORPORATION, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

June 27, 1984.

Attorney(s) appearing for the Case

William H. Ewing, Nancy G. Brockway, Hangley, Connolly, Epstein, Chicco, Foxman & Ewing, Philadelphia, Pa., for debtor/plaintiff, Marketing Resources Intern. Corp.

Andrew D. Bershad, Matthew J. Siembieda, Blank, Rome, Comisky & McCauley, Philadelphia, Pa., for defendants, PTC Corp. and Francis A. Cerchiaro.

OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

In resolving the three above captioned adversary proceedings, we face several issues, the most prominent of which arises where the debtor has satisfied an antecedent debt to a noninsider more than ninety days but less than one year prior to the filing of the petition, which satisfaction has the effect of releasing an insider, who was a surety on the debt, from his contingent...

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