Court of Appeals for the Third Circuit May 22, 1990, No. 89-5711 (Creditors' Committee v. Spada (In re Realty))

OPINION OF THE COURT

MANSMANN, Circuit Judge.

This appeal presents a challenge by creditors to two allegedly preferential pre-petition transfers involving real property of the debtor. In one, the bankruptcy court found that new value was contemporaneously exchanged consistent with 11 U.S.C.