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IN RE SCHWINN BICYCLE CO.

Bankruptcy Nos. 92 B 22474 to 92 B 22482, Adversary No. 94 A 01618.

204 B.R. 13 (1997)

In re SCHWINN BICYCLE CO., et al., Debtors. SCHWINN PLAN COMMITTEE, Plaintiff, v. AFS CYCLE & CO., LTD., et al., Defendants.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

January 17, 1997.

Attorney(s) appearing for the Case

Howard Feller and Dion W. Hayes of McGuire Woods Battle & Boothe, Richmond, VA, Mark K. Thomas and Terry Horwitz Kass of Katten Muchin & Zavis, Chicago, IL, for Plaintiff.

Eric G. Grossman of Bailey Borlack Nadelhoff & Carroll, Chicago, IL, Shieh Liang Houh, Taipei, Taiwan, Michael P. O'Neil of Freeborn & Peters, Chicago, IL, Scott L. Lanin of Farrell Fritz Cae, Uniondale, NY, for Defendants.

MEMORANDUM OPINION ON MOTIONS OF PLAINTIFF TO DISMISS APPEALS OF LI HSIN AND FAIRLY BICYCLE

JACK B. SCHMETTERER, Bankruptcy Judge.

This Adversary proceeding sued various Defendants, each asserted to have benefited from preferential payments which Plaintiff Schwinn Plan Committee (the "Committee") sought to recover under 11 U.S.C. §§ 547 and 550. Following trial and ruling on issues common between all Defendants and Plaintiff,...

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