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IN RE INTERCONTINENTAL PUBLICATIONS, INC.

Bankruptcy No. 5-89-00397, Adv. No. 5-89-0096.

131 B.R. 544 (1991)

In re INTERCONTINENTAL PUBLICATIONS, INC., successor by merger to Intercontinental Publications and The Full Life Corporation, Debtor. INTERCONTINENTAL PUBLICATIONS, INC., successor by merger to Intercontinental Publications and The Full Life Corporation, Plaintiff, v. Paul PERRY and Walsh, Maroney & Ponzini, Defendants.

United States Bankruptcy Court, D. Connecticut.

September 25, 1991.

Attorney(s) appearing for the Case

James M. Nugent, Charmoy & Nugent, Bridgeport, Conn., for plaintiff.

Regina F. Kelly, Robert W. Spencer, Walsh, Maroney & Ponzini, Tarrytown, N.Y., for defendants.

MEMORANDUM AND DECISION ON COMPLAINT TO AVOID TRANSFERS PURSUANT TO BANKRUPTCY CODE §§ 547 AND 548

ALAN H.W. SHIFF, Bankruptcy Judge.

The plaintiff seeks to avoid transfers to the defendants under Bankruptcy Code §§ 547 and 548.

I.

Pursuant to a February 10, 1988 agreement (the "Employment Agreement") the defendant Paul Perry was employed by Full Life Corporation,1 a predecessor to the plaintiff...

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