Holiday Airlines Corporation v. World Airways, Inc.

647 F.2d 977 8 Bankr.Ct.Dec. 212 , 31 UCC Rep.Serv. 1172 In the Matter of HOLIDAY AIRLINES CORPORATION, a California Corporation, (formerly known as Holiday Recreational Resources and Holiday Resources Corporation), Bankrupt. Curtis B. DANNING, Trustee in Bankruptcy of Holiday Airlines Corporation, a California Corporation (formerly known as Holiday Recreational Resources and Holiday Resources Corporation), Plaintiff-Appellee, v. WORLD AIRWAYS, INC., Defendant-Appellant. No. 79-3148. United States Court of Appeals, Ninth Circuit. Argued and Submitted Dec. 3, 1980. Decided June 8, 1981. Bennett L. Silverman (on brief) and Irving Sulmeyer, Los Angeles, Cal., argued for defendant-appellant; Sulmeyer, Kupetz, Baumann & Rothman, Los Angeles, Cal., on brief. Richard S. Berger, Gendel, Raskoff, Shapiro & Quittner, Los Angeles, Cal., argued for plaintiff-appellee; Lawrence Bass, Los Angeles, Cal., on brief. Appeal from the United States District Court for the Central District of California. Before GIBSON * , SNEED and POOLE, Circuit Judges. SNEED, Circuit Judge: 1 This is a bankruptcy case in which the issue is whether World Airways, Inc., a creditor of the bankrupt Holiday…