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IN RE CORPORATE JET AVIATION, INC.

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

57 B.R. 195 (1986)

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 23, 1986.

Attorney(s) appearing for the Case

James J. Brissette, Howard & White, and J. Michael Lamberth, Palmer, Lamberth, Bonapfel & Cifelli, Atlanta, Ga., for plaintiff/debtor.

David G. Russell, Kutak Rock & Campbell, Atlanta, Ga., for defendant.

ORDER

W. HOMER DRAKE, Bankruptcy Judge.

The plaintiff/debtor in possession, Corporate Jet Aviation, Inc. ("CJA"), commenced this adversary proceeding against the defendant, Charles D. Vantress ("Vantress"), by filing a complaint to recover $450,000.00 paid to Vantress by CJA in redemption of 350 shares of CJA common stock. One of the five counts in CJA's complaint alleges that the redemption should be set aside as a fraudulent transfer under 11 U.S.C. &...

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