IN RE LAN YIK FOODS CORP.

Bankruptcy No. 192-14188-260. Adv. No. 193-1103-260.

185 B.R. 103 (1995)

In re LAN YIK FOODS CORPORATION, Debtor. Richard J. McCORD, Trustee, Plaintiff, v. VENUS FOODS, INC., Defendant.

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

August 2, 1995.


Attorney(s) appearing for the Case

Sonya F. Lorge, Brooklyn, NY, for defendant Venus Foods, Inc.

Robert Owen Senzer, Andrew P. Lederman, Fischbein, Badillo, Wagner, Itzler, New York City, for plaintiff Richard J. McCord.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

CONRAD B. DUBERSTEIN, Chief Judge.

Richard J. McCord, the Chapter 7 Trustee ("Trustee" or "Plaintiff") of Lan Yik Foods Corporation ("Debtor") initiated this adversary proceeding by the filing of a complaint to recover alleged preferential payments pursuant to section 547(b) of the Bankruptcy Code.1 According to the complaint, payments in the aggregate...

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