Barr v. National Aircraft Services, Inc. (In Re Cosmopolitan Aviation Corp.)
United States Bankruptcy Court, E.D. New York
1Opinion of the Court
DECISION
C. ALBERT PARENTE, Bankruptcy Judge.
This is an adversary proceeding brought by trustee against creditor, National Aircraft Services, Inc. (“National”), to recover funds obtained from debtor posited on the contention that the transfer of the funds constituted a voidable preference.
FACTUAL BACKGROUND
On August 11, 1981, Cosmopolitan Aviation Corp. (“Cosmopolitan”) filed a voluntary petition under Chapter 11 of the Bankruptcy Reform Act of 1978 (“Code”). Prior to the filing, National obtained a judgment in the United States District Court for the Northern District of Texas against…
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- Elizabeth K. Knapp v. Walter P. McFarland Defendant-Appellee-Appellant, Sheriff of the City of New York, Appellant-AppelleeCourt of Appeals for the Second Circuit · 1972
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