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IN RE WHITE PLAINS DEVELOPMENT CORP.

Bankruptcy No. 91 B 21471, No. 93 5047A.

156 B.R. 125 (1993)

In re WHITE PLAINS DEVELOPMENT CORPORATION, et al., Debtors. FRONTAGE DEVELOPMENT CORPORATION and the Eighty Trust, Plaintiffs, v. Eliot FURMAN and Ackerley Communications of Massachusetts, Inc., Defendants.

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

June 24, 1993.

Attorney(s) appearing for the Case

Rogers & Wells, New York City, for Frontage Development Corporation and Ackerley Communications of Massachusetts, Inc.

Hanify & King, P.C. Boston, MA, for Eliot Furman.

DECISION ON MOTION FOR PARTIAL SUMMARY JUDGMENT

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The Chapter 11 debtors, Frontage Development Corp. ("FDC") and The Eighty Trust (the "Eighty Trust"), have moved for partial summary judgment in this adversary proceeding which they commenced against Eliot Furman ("Furman") and Ackerley Communications of Massachusetts, Inc. ("Ackerley") to avoid certain post-petition transfers. The debtors also seek a declaratory...

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