Schwinn Plan Committee v. AFS Cycle & Co. (In Re Schwinn Bicycle Co.)

MEMORANDUM OPINION ON MOTIONS OF PLAINTIFF TO DISMISS APPEALS OF LI HSIN AND FAIRLY BICYCLE

JACK B. SCHMETTERER, Bankruptcy Judge.

This Adversary proceeding sued various Defendants, each asserted to have benefited from preferential payments which Plaintiff Schwinn Plan Committee (the “Committee”) sought to recover under 11 U.S.C. §§ 547 and 550. Following trial and ruling on issues common between all Defendants and Plaintiff, each count and defendant who did not settle were dealt with separately. Post-judgment motions by Plaintiff now seek dismissal by the bankruptcy judge of two appeals from…