MEMORANDUM OF DECISION
ALLAN L. GROPPER, Bankruptcy Judge.
On June 18, 2003, the Official Committee of Unsecured Creditors of 360networks (USA) Inc. and its affiliated debtors, on behalf of itself and the debtors (collectively, "Debtors"), commenced this adversary proceeding pursuant to §§ 547 and 550 of the Bankruptcy Code seeking the avoidance as a preference of fees paid to the Public Utilities Commission of the State of California (the "CPUC...
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