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IN RE FALECK & MARGOLIES, INC.

No. 92 Civ. 2738 (CSH).

153 B.R. 123 (1993)

In re FALECK & MARGOLIES, INC., et al., Debtors, OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF FALECK & MARGOLIES, INC., et al., Appellee, v. VARDI STONEHOUSE, INC., Appellant.

United States District Court, S.D. New York.

April 8, 1993.

Attorney(s) appearing for the Case

Finkel, Goldstein, Berzow & Rosenbloom, New York City, for Unsecured Creditors Committee of Faleck & Margolies, Inc.

Nathanson, Devack & Memmoli, Franklin Square, NY, for Vardi Stonehouse, Inc.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge:

Vardi Stonehouse, Inc., ("Vardi") appeals from a decision of the Bankruptcy Court of the Southern District of New York, (Prudence Abram, J.) denying its motion for summary judgment and granting the Committee of Unsecured Creditors (the "Committee") summary judgment in an adversary proceeding to avoid a payment made by the Debtor, Faleck & Margolies ("F & M"), as a preferential transfer under...

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