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MATTER OF SUN SPEC INDUSTRIES, INC.

Bankruptcy No. 80 B 10126, Adversary Proceedings No. 80-5022-A.

3 B.R. 703 (1980)

In the Matter of SUN SPEC INDUSTRIES, INC., d/b/a Hanco Art & Novelty Company and Specialty Industries, Debtor. AMTEL, INC., Plaintiff, v. SUN SPEC INDUSTRIES, INC., Defendant.

United States Bankruptcy Court, S.D. New York.

March 10, 1980.

Attorney(s) appearing for the Case

Berman & Zivyak, P.C., New York City, for debtor.

Edwards & Angell, New York City, for plaintiff.

Irving H. Picard, U.S. Trustee, New York City.

DECISION ON MOTION FOR PRELIMINARY INJUNCTION

EDWARD J. RYAN, Bankruptcy Judge.

An involuntary case was commenced against Sun Spec Industries, Inc. (Sun Spec) on January 30, 1980, by the filing of a petition under Chapter 7 of the Bankruptcy Code (11 U.S.C. § 701 et seq.) by three of its creditors. See 11 U.S.C. § 303(b)(1). On February 15, 1980, on the debtor's motion, pursuant to 11 U.S.C. § 706(a), the case was converted to...

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