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IN RE CENTENNIAL INDUSTRIES, INC.

Bankruptcy No. 78 B 1658.

12 B.R. 99 (1981)

In re CENTENNIAL INDUSTRIES, INC., Debtor. CENTENNIAL INDUSTRIES, INC., Plaintiff, v. NCR CORPORATION, Defendant.

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

June 24, 1981.

Attorney(s) appearing for the Case

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for debtor.

Booth, Lipton & Lipton, New York City, for defendant.

MEMORANDUM & ORDER

JOHN J. GALGAY, Bankruptcy Judge.

Defendant's motion to dismiss the complaint asks this Court to determine whether an adversary proceeding seeking recovery of preferential payments and improper transfers of debtor's property can be brought after a plan of arrangement in a Chapter XI proceeding is confirmed. After review of the argument presented on July 30, 1980, the papers submitted by counsel, the statutes, and the interpretive case...

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