Shapiro v. Art Leather Inc. (In re Connolly N. Am. LLC)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Summary judgment regarding avoidance and recovery claim was denied since issues of fact existed as to whether creditor benefitted from the transfers.
Procedural posture: 
Plaintiff trustee sued defendant accounts receivable seller pursuant to 11 U.S.C. § 550(a)(1), seeking to avoid and recover six prepetition payments that the chapter 7 debtor made to the purchaser of defendant's accounts receivable. Defendant moved for summary judgment.
Issue: 
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