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IN RE VISCOUNT AIR SERVICES, INC.

Bankruptcy No. B-96-0209 TUC JMM, Adversary No. A 96-0131 JMM.

232 B.R. 416 (1998)

In re VISCOUNT AIR SERVICES, INC., Debtor. Viscount Air Services, Inc., Debtor (through Randall P. Sanders, Trustee), Plaintiff, v. Walter L. Cole and Dennese P. Cole, husband and wife; Ronald J. Clark; 9 Lives Holdings, Inc., a Nevada corporation, Turbo Aire Holdings, Inc., a Nevada corporation, and BAE Aviation, Inc., d/b/a/ Tucson Aerospace, an Arizona corporation, Defendants.

United States Bankruptcy Court, D. Arizona.

October 28, 1998.

Attorney(s) appearing for the Case

Susan Boswell, Nancy March, Streich Lang, Tucson, AZ, for plaintiff.

Gary S. Kessler, Howard C. Rubin, Malouf, Lynch, Jackson, Kessler & Collins, Dallas, TX, for 9 Lives Holdings.

Edward S. Coleman, Las Vegas, NV, for Clark and Cole.

Timothy H. Barnes, Barnes & Lassiter, P.C., Mesa, AZ, for Turbo Aire and BAE Aviation.

Michael McGrath, Mesch, Clark & Rothschild, P.C., Tucson, AZ, for debtor.

MEMORANDUM DECISION

JAMES M. MARLAR, Bankruptcy Judge.

The court held a 15-day trial in this matter between May 4, 1998 and May 27, 1998. Thereafter, the parties submitted additional evidence on July 27, 1998. Susan G. Boswell, Steven R. Haydon and Nancy J. March represented Randall P. Sanders, Trustee; Timothy H. Barnes represented Turbo Aire Holdings, Inc. and BAE Aviation, Inc., dba Tucson Aerospace; Edward S. Coleman represented Walter and Dennese Cole...

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