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IN RE INTERNATIONAL CLUB ENTERPRISES, INC.

Bankruptcy Nos. 8800828, 8800866, Adv. No. 891017.

109 B.R. 562 (1990)

In re INTERNATIONAL CLUB ENTERPRISES, INC. Montie Ciarlo, Debtors. Louis A. GEREMIA, Trustee, Plaintiff, v. FORDSON ASSOCIATES, Peter J. Rotelli, Richard R. Tasca, and James A. Procaccianti, Defendants.

United States Bankruptcy Court, D. Rhode Island.

January 17, 1990.

Attorney(s) appearing for the Case

Andrew S. Richardson, Boyajian, Harrington & Richardson, Providence, R.I., for trustee.

Gregory W. Hamilton, Winograd, Shine & Zacks, P.C., Providence, R.I., for defendants.

DECISION AND ORDER

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on October 4 and 5, 1989 on the Trustee's, Complaint, brought pursuant to 11 U.S.C. § 547, to recover allegedly preferential payments made by the debtors to Fordson Associates ("Fordson"). Based upon the stipulated facts in the Joint Pretrial Order, the testimony of the witnesses, and the documentary evidence, we make the following findings of fact:

The debtor, International...

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