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IN RE RECORD CLUB OF AMERICA, INC.

Bankruptcy No. 74-553.

18 B.R. 459 (1982)

In re RECORD CLUB OF AMERICA, INC., Debtor. RECORD CLUB OF AMERICA, INC., Plaintiff, v. ATLANTIC RECORDING CORPORATION, Defendant.

United States Bankruptcy Court, M.D. Pennsylvania.

February 18, 1982.

Attorney(s) appearing for the Case

Nancy Grossman, Harold F. McGuire, Jr., Barthold, McGuire, Kehl & Nealon, New York City, for creditor.

Ernest R. Weiss, York, Pa., receiver.

John W. Howett, Jr. & Associates, P.C., Harrisburg, Pa., for receiver.

Sigmund A. Beck, Milgrim, Thomjan & Jacobs, New York City, for Sigmund Friedman.

Horace A. Stern, Wexler, Weisman, Maurer & Forman, P.C., Philadelphia, Pa., for Creditors' Committee.

MEMORANDUM AND ORDER

AVOIDING PREFERENCE OF ATLANTIC RECORDING CORPORATION

THOMAS WOOD, Bankruptcy Judge.

On December 23, 1974, Record Club of America, Inc. (RCOA), filed for relief under Chapter XI of the Bankruptcy Act. RCOA has filed an adversarial action in bankruptcy against Atlantic Recording Corporation (Atlantic) to obtain payment for records and tapes transferred to Atlantic after the filing of...

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