IN RE AIR FLORIDA SYSTEMS, INC.

Bankruptcy No. 84-01233-BKC-SMW-A, Adv. No. 84-0667-BKC-SMW-A.

50 B.R. 653 (1985)

In re AIR FLORIDA SYSTEMS, INC., Debtor. AIR FLORIDA SYSTEMS, INC., and Air Florida, Inc., Plaintiffs, Official Statutory Creditors Committee, Intervenor, v. UNITED STATES of America, et al., Defendants.

United States Bankruptcy Court, S.D. Florida.

July 1, 1985.


Attorney(s) appearing for the Case

Arnold D. Schatzman, Britton, Cassel, Schantz & Schatzman, P.A., Miami, Fla., for Creditors Committee.

John K. Olson, Carlton, Fields, Ward, Emmanuel, Smith & Cutler, P.A., Tampa, Fla., for Air Florida.

Richard F. Mitchell, Dept. of Justice, Tax Div., Washington, D.C., for the U.S. (I.R.S.).

Charles L. Schlumberger, J. Christopher Kohn, Daniel E. Loeb, Dept. of Justice, Civil Div., Washington, D.C., for the U.S. (F.A.A.).

Robert A. Greenspon, Robinson & Cole, Stamford, Conn., for GPA.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

SIDNEY M. WEAVER, Bankruptcy Judge.

This Cause came on before the Court on March 15, April 11, and April 18, 1985 on the Debtor's complaint against the Defendant, United States of America, Internal Revenue Service, to avoid pre and post petition transfers pursuant to 11 U.S.C. §§ 547 and 549. The complaint sought to recover from this Defendant: a) $8,021,209.28 paid...

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