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  5. 196 B.R. 711 (1996)
 

TRANS WORLD AIRLINES, INC. v. KARABU CORP.

Bankruptcy No. 92-115. Adv. No. 96-40.

196 B.R. 711 (1996)

TRANS WORLD AIRLINES, INC. v. KARABU CORP., Global Discount Travel Services LLC and State Street Bank and Trust Company of Connecticut, National Association, as Security Trustee.

United States Bankruptcy Court, D. Delaware.

May 31, 1996.

Attorney(s) appearing for the Case

R. Franklin Balotti, Richards, Layton & Finger, Wilmington, DE.

Theodore Altman, Gordon Altman Butowsky Weitzen Shalov & Wein, New York City.

Joseph Grey, Prickett, Jones, Elliott, Kristol & Schnee, Wilmington, DE.

William H. Sudell, Jr., Morris, Nichols, Arsht & Tunnell, Wilmington, DE.

Stephen M. Forte, Smith, Gambrell & Russell, Atlanta, GA.

HELEN S. BALICK, Chief Judge.

This is the court's decision on the motions of the defendants Karabu Corporation and Global Discount Travel Services LLC to dismiss, or to abstain from hearing this adversary proceeding. An evidentiary hearing was conducted, and oral argument heard on May 22, 1996.

Background of This Chapter 11 Case

TWA filed a Chapter 11 petition in the District of Delaware on January 31, 1992. On December 30, 1992, this court...

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