Official Unsecured Creditors' Committee ex rel. Arrow Air Inc. v. Airport Aviation Services Corp. (In re Arrow Air, Inc.)

FINDINGS OF FACT AND CONCLUSIONS OF LAW

A. JAY CRISTOL, Bankruptcy Judge.

This cause came on before the Court on May 4, 1989, upon the complaint of The Unsecured Creditors’ Committee, for and on behalf of Arrow Air, Inc., for avoidance of alleged preferential transfers, pursuant to 11 U.S.C. 547(b), and the Court having heard the testimony, examined the evidence, observed the candor and demeanor of the witnesses, considered the argument of counsel, and being otherwise fully advised in the premises, makes the following Findings of Fact and Conclusions of Law:

A. FINDINGS OF FACT

Upon stipulation…