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IN RE CONTINENTAL ENERGY ASSOCIATES LTD. PARTNERSHIP

Bankruptcy No. 5-94-01486, Adversary No. 5-96-00402.

228 B.R. 96 (1998)

In re CONTINENTAL ENERGY ASSOCIATES LIMITED PARTNERSHIP, Debtor. Continental Energy Associates Limited Partnership, Plaintiff, v. Al Robert Olhanoski d/b/a Equipment Services, Defendant.

United States Bankruptcy Court, M.D. Pennsylvania, Wilkes-Barre Division.

October 19, 1998.

Attorney(s) appearing for the Case

Lawrence Handelsman, New York City, for Debtor/Plaintiff.

Charles A. Shea, III, Kingston, PA, Co-Counsel for Debtor/Plaintiff.

Michael R. Lastowski, Saul, Ewing, Remick & Saul, Philadelphia, PA, for Creditors' Committee.

Michael Beltrami, Hazleton, PA, for Defendant.

OPINION AND ORDER1

JOHN J. THOMAS, Bankruptcy Judge.

The Debtor-In-Possession, Continental Energy Associates Limited Partnership, has filed a Complaint to set aside a preferential payment by the Debtor to Al Robert Olhanoski d/b/a Equipment Services (hereinafter "Defendant") under the terms of 11 U.S.C. § 547(b). While the parties stipulated the transfer was preferential...

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