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IN RE CHILD WORLD, INC.

Bankruptcy No. 92-B-20887(JJC). Adv. Nos. 94-5082A, 94-5083A.

173 B.R. 473 (1994)

In re CHILD WORLD, INC., Debtor. CHILD WORLD, INC., Plaintiff, v. SERVICE MERCHANDISE CO., INC., Defendant. CHILD WORLD, INC., Plaintiff, v. SERVICE MERCHANDISE CO., INC. and Dixie Manor, Inc., Defendants.

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

November 2, 1994.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges by Martin J. Bienenstock and Chris Wilson, New York City, for Child World, Inc.

McCarthy, Fingar, Donovan Drazen & Smith by William F. Macreery and Deborah Yurchuk McCarthy, White Plains, NY, for Service Merchandise Co., Inc.

DECISION ON MOTIONS FOR SUMMARY JUDGMENT IN THE INSTANT PREFERENCE ACTIONS

JOHN J. CONNELLY, Bankruptcy Judge.

Service Merchandise Company Inc. ("Service Merchandise") moves for summary judgment in two adversary proceedings commenced against it by the post-confirmation debtor, Child World, Inc. ("Child World"). In these adversary proceedings, Child World seeks to avoid as preferential two pre-petition...

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