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IN RE BELIZE AIRWAYS, LTD.

Bankruptcy No. 80-00199-BKC-SMW, Adv. Proceeding Nos. 80-0078-BKC-SMW-A, 80-0094-BKC-SMW-A.

5 B.R. 152 (1980)

In re BELIZE AIRWAYS LIMITED, Debtor. William D. SEIDLE, Trustee, Plaintiff, v. PAN AMERICAN WORLD AIRWAYS, INC., Defendant. PAN AMERICAN WORLD AIRWAYS, INC., Plaintiff, v. BELIZE AIRWAYS LIMITED, Defendant.

United States Bankruptcy Court, S.D. Florida.

June 26, 1980.

Attorney(s) appearing for the Case

Timothy J. Norris, Miami, Fla.,

J. Micheal Nifong, Miami, Fla., for the defendant.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

SIDNEY M. WEAVER, Bankruptcy Judge.

THESE MATTERS were tried by the Court on April 27, 1980. Pursuant to the stipulation of counsel, the Court has considered the evidence presented before it on March 21, 1980, at a hearing involving many of the same factual and legal issues presented herein. The Court having heard the testimony and examined the evidence presented, having observed the candor and demeanor of the witnesses...

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