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IN RE SEA AIR SHUTTLE CORP.

Bankruptcy No. 92-00313.

168 B.R. 501 (1994)

In re SEA AIR SHUTTLE CORP., Debtor.

United States Bankruptcy Court, D. Puerto Rico.

June 14, 1994.

Attorney(s) appearing for the Case

Richard A. Lee, Chapter 7 Trustee, San Juan, PR.

Dora M. Penagaricano, San Juan, PR, for Robert S. and Betty F. Griggs.

DECISION AND ORDER DETERMINING CLASSIFICATION/SUBORDINATION OF CLAIMS AFTER CONVERSION FROM CHAPTER 11 TO CHAPTER 7

ARTHUR N. VOTOLATO, Bankruptcy Judge.*

Before the Court are cross motions for summary judgment by the Chapter 7 Trustee, and claimants Robert and Betty Griggs, who are the former officers, directors and shareholders of the Debtor. The present dispute concerns the classification of two claims previously designated...

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