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IN RE SCHWINN BICYCLE CO.

Bankruptcy Nos. 92 B 22474 through 92 B 22482, Adversary No. 94 A 01618.

205 B.R. 557 (1997)

In re SCHWINN BICYCLE CO., et al., Debtors. SCHWINN PLAN COMMITTEE, Plaintiff, v. AFS CYCLE & CO., LTD., et al., Defendants.

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

March 7, 1997.

Attorney(s) appearing for the Case

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

Duane L. Coleman, St. Louis, MO, and Bruce L. Wald and Diane J. Silverberg, Chicago, IL, for Defendants.

FINDINGS OF FACT AND CONCLUSIONS OF LAW FOLLOWING TRIAL OF COMMITTEE'S PREFERENCE CLAIM AGAINST DEFENDANT TRUE FITNESS TECHNOLOGY, INC.

JACK B. SCHMETTERER, Bankruptcy Judge.

The following Findings of Fact and Conclusions of Law are now made and entered following trial of a preference claim asserted by the Schwinn Plan Committee against Defendant True Fitness Technology, Inc. (the "Defendant" or "True Fitness") and final argument presented...

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