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IN RE J. SILVER CLOTHING, INC.

Bankruptcy No. 05-10522(PJW). Adversary No. 07-50814(KG).

453 B.R. 518 (2011)

In re J. SILVER CLOTHING, INC., Debtor. Jeoffrey L. Burtch, Chapter 7 Trustee, Plaintiff, v. Connecticut Community Bank, N.A. d/b/a The Greenwich Bank & Trust Company and James J. Fuld, Jr., Defendants.

United States Bankruptcy Court, D. Delaware.

April 29, 2011.

Attorney(s) appearing for the Case

Gilbert R. Saydah, Jr., Kelley Drye & Warren LLP, New York, NY, Gilbert R. Saydah, Jr., Robert J. Dehney, Morris Nichols, Arsht & Tunnell, Wilmington, DE, for Debtor.

George R. Tsakataras, Henry A. Heiman, R. Grant Dick IV, Robert W. Mallard, Robert W. Pedigo, Cooch and Taylor, Wilmington, DE, for Plaintiff.

James S. Green, Jr., Rebecca L. Butcher, Richard Scott Cobb, Landis, Rath & Cobb LLP, Wilmington, DE, for Defendants.

MEMORANDUM OPINION1

KEVIN GROSS, Bankruptcy Judge.

The Chapter 7 Trustee (the "Trustee") filed this adversary proceeding against Defendants James J. Fuld, Jr. ("Fuld") and Connecticut Community Bank, N.A., d/b/a Greenwich Bank & Trust company (the "Bank") (collectively the "Defendants"), seeking to recover $485,569.95 (the "Claim Amount") as avoidance claims. Defendants have moved for summary judgment pursuant...

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