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IN RE P.M.R.C. CORP.

Bankruptcy No. 183-31185, Adv. No. 183-0398.

39 B.R. 912 (1984)

In re P.M.R.C. CORPORATION, Debtor. P.M.R.C. CORPORATION, Debtor, Plaintiff, v. CRESCENT JEWELRY & RARE COIN COMPANY, INC., Defendants.

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

June 6, 1984.

Attorney(s) appearing for the Case

Platzer & Fineberg, New York City, Steven Karlin, Bayside, N.Y., for PMRC Corp.

Fred C. Mather, Phoenix, Ariz., for Crescent Jewelry & Rare Coin Co.

Otterbourg, Steindler, Houston & Rosen, Mark A. Neporent, New York City, for Creditors' Committee.

OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

This is an adversary proceeding brought by the Debtor-in-Possession, P.M.R.C. Corporation ("PMRC"), against Crescent Jewelry and Rare Coin Company, Inc. ("Crescent") to recover a preference.

FINDINGS OF FACT

PMRC is engaged in the business of refining and selling gold and precious metals. Crescent is one of its creditors. Answer, par. 4. Crescent is located in Scotsdale, Arizona.

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