IN RE ARROW AIR, INC.

Bankruptcy No. 86-00340-BKC-AJC, Adv. No. 88-0504-BKC-AJC-A.

112 B.R. 41 (1989)

In re ARROW AIR, INC., Debtor. The OFFICIAL UNSECURED CREDITORS' COMMITTEE, for and on Behalf of ARROW AIR, INC., Debtor, Plaintiff, v. AIRPORT AVIATION SERVICES CORP., a Puerto Rican Corporation, Defendant.

United States Bankruptcy Court, S.D. Florida.

July 7, 1989.


Attorney(s) appearing for the Case

Jorge Bermudez-Torregrosa, c/o Cuevas Kuinlam & Bermudez, Hato Rey, P.R., for defendant.

Myrna D. Bricker, c/o Tew, Jordan & Schulte, Miami, Fla., for plaintiff.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

A. JAY CRISTOL, Bankruptcy Judge.

This cause came on before the Court on May 4, 1989, upon the complaint of The Unsecured Creditors' Committee, for and on behalf of Arrow Air, Inc., for avoidance of alleged preferential transfers, pursuant to 11 U.S.C. 547(b), and the Court having heard the testimony, examined the evidence, observed the candor and demeanor of the witnesses, considered the argument of counsel, and being...

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