Giuliano v. RPG Mgmt. (In re NWL Holdings Inc.)

Ruling: 
Transfers made to ensure continuation of insurance coverage were contemporaneous exchanges for new value and not avoidable.
Procedural posture: 
Chapter 7 trustee filed a complaint against defendant creditor seeking to avoid and recover certain payments as preferential and fraudulent transfers under 11 U.S.C.S. § 547. The creditor filed a motion for summary judgment. The trustee contested the motion. The court issued its findings of fact and conclusions of law.
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Commercial case opionion summary, case decided on June 04,2013, LexisNexis #0713-094