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IN RE CORPORATE JET AVIATION, INC.

Bankruptcy No. 81-05249A, Adv. No. 82-0651A.

45 B.R. 629 (1985)

In re CORPORATE JET AVIATION, INC., Debtor. CORPORATE JET AVIATION, INC., Plaintiff, v. Charles D. VANTRESS, Defendant.

United States Bankruptcy Court, N.D. Georgia, Atlanta Division.

January 9, 1985.

Attorney(s) appearing for the Case

Richard A. Katz, James J. Brissette, Katz & Fox, Stacey W. Cotton, Paul W. Bonapfel, Cotton, White & Palmer, Atlanta, Ga., for plaintiff.

David G. Russell, Jo Lanier Meeks, Kutak, Rock & Huie, Atlanta, Ga., for defendant.

W. HOMER DRAKE, Bankruptcy Judge.

ORDER

On March 18, 1982, the debtor in possession, Corporate Jet Aviation, Inc. ("CJA"), filed a five-count complaint against Charles D. Vantress ("Vantress") seeking recovery of $450,000.00 paid to Vantress by CJA in redemption of 350 shares of CJA common stock. The respective counts of the complaint allege that: I. The stock redemption was a fraudulent transfer under § 548 of the Bankruptcy Code; II. The stock redemption...

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