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IN RE V. SAVINO OIL & HEATING CO., INC.

Bankruptcy No. 187-72500-353.

91 B.R. 655 (1988)

In re V. SAVINO OIL & HEATING CO., INC., Debtor.

United States Bankruptcy Court, E.D. New York.

October 25, 1988.

Attorney(s) appearing for the Case

Lateef Mtima, Coudert Bros., New York City, for Bayside Fuel Oil Depot Corp.

Louis P. Rosenberg, Rosenberg, Rosenberg & Koral, Brooklyn, N.Y., for debtor.

Abraham Backenroth, Harvis & Zeichner, New York City, for Creditors' Committee.

Dena Jaffe, New York City, for Ferrantino & Co., Inc.

Stuart Newmark, Taylor, Newmark & Rosenberg, New York City, for Vincent A. Savino and G. Thomas Meier.

MEMORANDUM OPINION AND ORDER

JEROME FELLER, Bankruptcy Judge.

Before the Court is a motion of Bayside Fuel Oil Depot Corp. ("Bayside"), a creditor in the above-captioned Chapter 11 case, seeking authorization to commence an adversary proceeding on behalf of the Debtor against Ferrantino & Company, Inc. ("Ferrantino"), for the recovery of alleged fraudulent conveyances. For the reasons discussed below, the motion...

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