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IN RE KDT INDUSTRIES, INC.

Nos. 82 B 11453-82 B 11515, 82 B 11687-82 B 11718 and 83 B 11642-83 B 11645, Adv. No. 84-5705A.

57 B.R. 416 (1985)

In re KDT INDUSTRIES, INC., f/k/a King's Department Stores, Inc., d/b/a King's, Barker's, Kens, Coronet Cosmetics, Barkleigh, Mammoth Mart, et al. KDT INDUSTRIES, INC., et al., Plaintiffs-Debtors, v. C & C UMBRELLA, Defendant.

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

June 20, 1985.

Attorney(s) appearing for the Case

Levin & Weintraub & Crames, New York City (Richard S. Miller, of counsel), James B. Matthews, Auburndale, Mass., for plaintiffs-debtors.

Gerald E. Ross, New York City, for defendant.

MEMORANDUM DECISION AND ORDER

PRUDENCE B. ABRAM, Bankruptcy Judge:

On June 21, 1984, KDT Industries and its related debtors ("KDT") commenced an action against the defendant, C & C Umbrella ("C & C), seeking to recover an alleged preferential transfer in the amount of $12,955.64. KDT made payment of $12,955.64 to C & C on July 20, 1982. On August 5, 1982 KDT and certain of its affiliates filed petitions for relief under Chapter 11. Additional...

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