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United States Bankruptcy Court, E. New York. Mark A. Frankel, Esq. Ronald L. Daugherty, Esq. Mitchell J. Devack, Esq. In its application the "Application" , Dalow Industries, Inc. This Court has subject matter jurisdiction over this controversy pursuant to 28 U. This decision constitutes the Court's findings of facts and conclusions of law to the extent Fed. Dalow was in the jewelry business.
Specifically, it marketed, distributed and sold gold and gemstone jewelry wholesale or on a consignment basis. Due to a loss in revenue, Dalow entered into an asset purchase agreement on May 20, with Bel-Oro International. However, on June 8, , before the sale was consummated, Disons Gems, Inc. On July 1, , Debtor's assets were auctioned to Stanley Creations, the highest bidder.
Specifically, the Sale Order provided:. On October 20, , the Court conducted a hearing and reserved decision. To recover under Section of the Bankruptcy Code, the party seeking the turnover of property of the estate must establish that the property in question is property of the estate which is in the possession, custody, or control of an entity other than the debtor, trustee or debtorin-possession.
See U. Whiting Pools, Inc. Section of the Bankruptcy Code provides that a debtor's estate consists of "all legal or equitable interests of the debtor in property as of the commencement of the case. Moreover, 11 U. Because the Sale Order formed the basis of the agreement of the parties, it must be construed according to general principles of contract law. April 17, citing United States v. Heckler, F. Interpretation of the plain meaning of any language requires that the language be considered within the context it was written.
The modern F LINE design offers advantages in operational savings, as they can be equipped with all options, including those more exclusive like:. The best solution can often be worthless unless the correct after sales service and spare parts are available for your equipment.
Dalow is the only company in Southern Africa that has undergone specialized factory training in the Electrolux factory in Sweden, France and Thailand as well as training in the Lavatec factory in Germany. This training has further been complimented with in house training specific to the models we supply to further the knowledge we have to offer you. All our technical services are handled in house and no subcontracting is ever permitted.
As a gold member of the Electrolux group, our unique service and preventative maintenance programs are available to all our clients in our region including a traveling technician to various countries and islands every months. Your Name required. Your Email required. Your Message. Get a quote now. The modern F LINE design offers advantages in operational savings, as they can be equipped with all options, including those more exclusive like: Energy Still, integrated recovery of distillation vapours in order to reduce energy consumption Eco System, distillation sludge drying Clean Still, automatic cleaning of still with sludge pump Integrated Coalperc, solvent absorption system to reduce perc emission at the end of a cycle.