MEMORANDUM OF DECISION
ALAN JAROSLOVSKY, Bankruptcy Judge.
The debtor is an independent travel agency. Defendant Airlines Reporting Corporation ("ARC") is a nationwide clearinghouse established by the airlines industry to give independent travel agents the ability to issue airline tickets. Prior to the debtor's Chapter 11 filing, it had entered into ARC's standard Agent Reporting Agreement whereby blank tickets are issued to travel agents who then sell them...
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