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IN RE SCHWINN BICYCLE CO.

Bankruptcy Nos. 92 B 22474-22482, 94 A 01618.

200 B.R. 980 (1996)

In re SCHWINN BICYCLE CO., et al., Debtors. SCHWINN PLAN COMMITTEE, Plaintiff, v. TRANSAMERICA INSURANCE FINANCE CORPORATION, Defendant.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

September 25, 1996.

Attorney(s) appearing for the Case

Howard Feller and Dion W. Hayes of McGuire Woods Battle & Boothe, Richmond, VA, Mark K. Thomas and Terry R. Horwitz-Kass of Katten Muchin & Zavis, Chicago, IL, for Plaintiff.

Debra Lee Allen of Transamerica Insurance, Towson, MD, Thomas R. Hill and John Lipinsky of Rooks Pitts & Poust, Chicago, IL, for Defendant.

FINDINGS OF FACT AND CONCLUSIONS OF LAW FOLLOWING TRIAL OF CASE AGAINST TIFCO

JACK B. SCHMETTERER, Judge.

This Adversary proceeding relates to bankruptcy cases filed by Schwinn Bicycle Co. and various related entities (collectively "Debtor" or "Schwinn") under Chapter 11 of the Bankruptcy Code, 11 U.S.C. § 101 et seq. Its liquidating Plan was confirmed. On October 3, 1994, Plaintiff Schwinn Plan Committee ("Plaintiff" or "Committee") filed...

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