In Re Craft Architectural Metals Corp.
District Court, E.D. New York
1Opinion of the Court
MEMORANDUM AND ORDER
WEXLER, District Judge.
The debtor in this bankruptcy proceeding, Craft Architectural Metals Corp. (“Craft”) filed a voluntary petition under Chapter 11 of the Bankruptcy Code on January 30,1987. At the time the petition was filed, Craft was involved in litigation with the Dormitory Authority of the State of New York (“DASNY”) in New York State Supreme Court. That litigation arose out of construction work which Craft had performed for DASNY pursuant to a contract entered into on December 11, 1974. In 1988, on the theory that the dispute could be resolved faster than in the…
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