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IN RE GRUPPO ANTICO, INC.

Bankruptcy No. 02-1328 (PJW). Adversary No. 03-58480 (KW).

359 B.R. 578 (2007)

In re GRUPPO ANTICO, INC., f/k/a Trend Holdings, Inc., et al., Debtors. Broadway Advisors, LLC, in its Representative capacity as the liquidating trustee of the Gruppo Antico Liquidating Trust, Plaintiff, v. Hipro Electronics, Inc. and Hipro Electronics, Ltd., Defendants.

United States Bankruptcy Court, D. Delaware.

February 7, 2007.

Attorney(s) appearing for the Case

Jeffrey Philip Wasserman, LLC, Wilmington, DE, for Defendant Kazi Food Inc.

Laura Davis Jones, Pachulski, Stang, Ziehl Young, Jones & W, Michael Seidl, Pachulski, Stang, Ziehl, Young & Jones, Wilmington, DE, for Plaintiff AFD Fund.

MEMORANDUM1

KEVIN J. CAREY, Bankruptcy Judge.

On November 7, 2002 (the "Petition Date"), Gruppo Antico, Inc., f/k/a Trend Holdings, Inc., et al. (the "Debtor") filed a voluntary chapter 11 bankruptcy petition. On November 11, 2003, the Debtor commenced this adversary proceeding by filing a Complaint (the "Original Complaint") (docket no. 1) against Hipro Electronics, Inc. ("Hipro-USA"), alleging that transfers...

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