IN RE AMERICAN INTERN. AIRWAYS, INC.

Bankruptcy No. 84-02379K, Adv. No. 86-0207K.

68 B.R. 326 (1986)

In re AMERICAN INTERNATIONAL AIRWAYS, INC., Debtor. Harry P. BEGIER, Jr., Esquire, Trustee, Plaintiff, v. KRAIN OUTDOOR ADVERTISING, INC., Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

December 23, 1986.


Attorney(s) appearing for the Case

Harry P. Begier, Jr., Philadelphia, Pa., Trustee.

Marc N. Bell, Paul J. Winterhalter, Philadelphia, Pa., for plaintiff-trustee.

Pace Reich, Philadelphia, Pa., for debtor.

Arnold E. Cohen, Lauri Siegel, Philadelphia, Pa., for defendant-Krain Outdoor Advertising, Inc.


OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

The facts of this case require us to explore several issues which pervade the numerous proceedings brought before our court, like all bankruptcy courts, to avoid certain pre-petition transfers of a debtor as preferential transfers, pursuant to 11 U.S.C. § 547. The issue presented, and our determinations as to each of them are as follows:

(1) When is a debt for...

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