Official Creditors Committee of Industrial Ceramics, Inc. v. Industrial Ceramics Associates

DECISION AND ORDER

LARIMER, Chief Judge.

INTRODUCTION

On April 8, 1996, Industrial Ceramics, Inc., a manufacturer of porcelain insulators, filed a Chapter 11 bankruptcy petition. The bankruptcy court subsequently appointed an Official Creditors Committee of Industrial Ceramics, Inc. (“the Committee”), to commence an adversary proceeding against Industrial Ceramics Associates (“Associates”) and ABB Power Tool & Die Company, Inc. (“ABB”), so that the bankruptcy court could determine whether certain transfers to Associates and ABB could be avoided.

The Committee commenced the adversary proceeding on…