1. Home
  2. Browse Decisions
  3. B.R.
  4. 93 B.R.
  5. 93 B.R. 333 (1988)
 

IN RE ART SHIRT LTD., INC.

Bankruptcy No. 80-03428S Civ. A. Nos. 87-1175, 87-1176, Adv. Nos. 82-2341(8)S, 82-0240(12)S.

93 B.R. 333 (1988)

In re ART SHIRT LTD., INC. (Jointly administered with: the Cracker Barrel Dresses, Ltd., Bankruptcy No. 80-03429K Richard Todd, Inc. Bankruptcy No. 80-03430K) Debtor. Louis W. FRYMAN, Esquire, Trustee of Art Shirt Ltd., Inc., Plaintiff, v. CENTURY FACTORS, FACTOR FOR NEW WAVE, Defendant. Louis W. FRYMAN, Esquire, Trustee for Art Shirt Ltd., Inc., Plaintiff, v. CENTURY FACTORS, FACTOR FOR CARNA MILLS.

United States District Court, E.D. Pennsylvania.

As Amended March 23, 1988.

Attorney(s) appearing for the Case

Jacob Rabinowitz, New York City, for appellant.

Jay G. Ochroch, Philadelphia, Pa., for appellee/debtors.

Marvin Krasny, Philadelphia, Pa., for appellee/trustee.

MEMORANDUM OF DECISION

McGLYNN, District Judge.

This is an appeal from a bankruptcy court decision allowing Louis Fryman, Trustee for Debtor Corporation, to avoid two transfers by Debtor to Century Factors, a factor for two of Debtor's suppliers. Century Factors contends: that the bankruptcy court erroneously considered pension liability as a debt in determining Debtor's solvency; that there was no evidence supporting a finding of insolvency; that the Trustee...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases