Bankruptcy: In re Builders Plumbing and Heating Supply Co., Inc., 03 B 49243
Adversary: Grochocinski v. Lederman, 05 A 02700
Issued: February 26, 2007
Judge: John H. Squires
Trustee’s motion for partial summary judgment granted pursuant to Fed. R. Bankr. Proc. 7056 and Fed. R. Civ. Proc. 56 as to a 3rd party defendant to avoid certain transfers as preferential under §§ 547(b) and 550(a). Court found trustee had established and defendant failed to dispute that debtor made transfers to defendant while insolvent on account of antecedent debt within 90 days before filing, enabling defendant to receive more than similarly-situated creditors would have in Chapter 7. Court also granted trustee prejudgment interest on the transferred sums from the date the adversary complaint was filed, as well as interest on costs.