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IN RE AMERICA'S SHOPPING CHANNEL, INC.

Bankruptcy No. 88-03483-B11.

110 B.R. 5 (1990)

In re AMERICA'S SHOPPING CHANNEL, INC., a Louisiana Corporation, Reorganized Debtor.

United States Bankruptcy Court, S.D. California.

January 3, 1990.

Attorney(s) appearing for the Case

David J. Lustberg, Gray, Cary, Ames and Frye, San Diego, Cal., for reorganized debtor.

David L. Buchbinder, San Diego, Cal., for creditor.

ORDER ON MOTION FOR RECONSIDERATION

PETER W. BOWIE, Bankruptcy Judge.

The Reorganized Debtor noticed for hearing objections to claims filed by creditors. The ground asserted for the objections presently before the Court was that the creditors had received avoidable preferences and therefore their claims must be disallowed under 11 U.S.C. § 502(d).

Some creditors opposed the claim objections, variously asserting contemporaneous exchanges or ordinary...

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