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IN RE KORVETTES, INC.

Bankruptcy Nos. 81B 11410, 81B 12080 and 81B 12251, Adv. No. 83-6100-A, 84 Civ. 6804-CSH.

67 B.R. 730 (1986)

In re KORVETTES, INC., Delbak Realty Corp., Gretna Realty Corp., Debtors. KORVETTES, INC., et al., Debtors and Debtors in Possession and Official Unsecured Creditors Committee of Korvettes, Inc., et al., Debtors, Appellants, v. SANYO ELECTRIC, INC., Appellee.

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

November 25, 1986.

Attorney(s) appearing for the Case

Booth, Marcus & Pierce, New York City, for appellant Official Unsecured Creditors Committee of Korvettes, Inc.; Edgar H. Booth, Claude D. Montgomery, Cindy S. Korman, of counsel.

Levin & Weintraub & Crames, New York City, for appellant Korvettes, Inc., et al., debtors, and debtors in possession; Mitchel H. Perkiel, of counsel.

Whitman & Ransom, New York City, for appellee Sanyo Elec., Inc.; Jeffrey A. Oppenheim, of counsel.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge:

This is an appeal from an order of the Bankruptcy Court for the Southern District of New York, Burton R. Lifland, Judge, dismissing the complaint filed by Korvettes, Inc., Debtors and Debtors in Possession ("Korvettes") and the Official Unsecured Creditors Committee of Korvettes, Inc., et al, Debtors ("Committee"), to set aside and recover a preferential transfer under 11 U.S.C. § 547(b) of the Bankruptcy...

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