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IN RE MUSICLAND HOLDING CORP.

Bankruptcy No. 06-10064 (SMB). Adversary No. 08-01023.

462 B.R. 66 (2011)

In re MUSICLAND HOLDING CORP., et al., Debtors. The Responsible Person of Musicland Holding Corp., et al., Plaintiff, v. Best Buy Co., Inc., Bradbury H. Anderson, David P. Berg, Connie B. Fuhrman, Kevin P. Freeland, Darren R. Jackson, Rodger R. Krouse, Marc J. Leder, Allen U. Lenzmeier and James L. Muehlbauer, Defendants.

United States Bankruptcy Court, S.D. New York.

December 30, 2011.

Attorney(s) appearing for the Case

Hahn & Hessen LLP, Mark T. Power, Esq., John P. Amato, Esq., Robert J. Malatak, Esq., Of Counsel, New York, NY, for Plaintiff.

Robins, Kaplan, Miller & Ciresi LLP, Elliot S. Kaplan, Esq., Anne M. Lockner, Esq., Of Counsel, Minneapolis, MN, Foley & Lardner LLP, Douglas E. Spelfogel, Esq., Douglas S. Heffer, Esq., Of Counsel, New York, NY, for Defendants, Best Buy Co., Inc., Bradbury H. Anderson, David P. Berg, Connie B. Fuhrman, Darren R. Jackson, Allen U. Lenzmeier and James L. Muehlbauer.

Akerman Senterfitt LLP, Andrew P. Gold, Esq., D. Brett Marks, Esq., Dianne O. Fischer, Esq., Susan F. Balaschak, Esq., Kathlyn Schwartz, Esq., Of Counsel, Ft. Lauderdale, FL, for Defendants, Rodger R. Krouse and Marc J. Leder.

MEMORANDUM DECISION AND ORDER DENYING MOTION FOR PARTIAL SUMMARY JUDGMENT

STUART M. BERNSTEIN, Bankruptcy Judge.

The debtor The Musicland Group ("TMG") paid the defendant Best Buy Co., Inc. ("Best Buy") $35 million (the "Transfer") prior to the petition date allegedly on account of an antecedent debt, and is now seeking to avoid and recover the Transfer under Minnesota's version of the Uniform Fraudulent Transfer Act ("UFTA"). Best Buy contends that any...

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