IN RE IONOSPHERE CLUBS, INC.

Bankruptcy Nos. 89 B 10448 (BRL), 89 B 10449 (BRL) and 89 B 10287 (BRL). Adv. No. 93-9154A.

164 B.R. 839 (1994)

In re IONOSPHERE CLUBS, INC., Eastern Air Lines, Inc., and Bar Harbor Airways, Inc., d/b/a Eastern Express, Debtors. Martin R. SHUGRUE, Jr., as Trustee of the Estate of Eastern Air Lines, Inc., Plaintiffs, v. Dennis FISCHER, Acting Administrator General Services Administration and General Services Administration, Defendants.

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

February 18, 1994.


Attorney(s) appearing for the Case

King & Spalding by Daniel King, New York City, for Martin R. Shugrue, Jr., Trustee for the Estate of Eastern Air Lines, Inc.

U.S. Dept. of Justice by Manvin S. Mayell, New York City, for U.S.


ABSTRACT FROM BENCH RULING ON TRUSTEE'S MOTION FOR SUMMARY JUDGMENT AND GOVERNMENT'S MOTION FOR SUMMARY JUDGMENT

BURTON R. LIFLAND, Chief Judge.

The United States of America, on behalf of the General Services Administration (the "GSA") and various other governmental agencies (collectively the "Government"), moves for relief from the automatic stay to set off funds owed by the Government to Eastern Air Lines ("Eastern" or the "Debtor") for prepetition...

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