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IN RE GEM REFRIGERATOR CO.

Bankruptcy. No. 12-14902 ELF. Adversary No. 13-0199.

512 B.R. 194 (2014)

In re GEM REFRIGERATOR CO., Debtor. Gary F. Seitz, Chapter 7 Trustee, Plaintiff, v. Republic First Bank, Defendant, Republic First Bank, Third Party Plaintiff, v. United Capital Private Wealth Counseling, Jeffrey S. Steinberg, Third Party Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

As corrected June 13, 2014.

Attorney(s) appearing for the Case

Gary F. Seitz, pro se.

Frank J. Gaudagnino, Beth L. Slaby, Clark Hill Thorp Reed, Pittsburgh, PA, Jonathan W. Hugg, Clark Hill Thorp Reed, Philadelphia, PA, for Defendant/Third Party Plaintiff.

Adrienne N. Anderson, Ciardi Ciardi & Astin, William J. Burnett, Kristan L. Howard, Flaster/Greenberg P.C., Philadelphia, PA, for Third Party Defendants.

OPINION

ERIC L. FRANK, Chief Judge.

I. INTRODUCTION

In this adversary proceeding, the chapter 7 trustee, Gary Seitz ("the Trustee"), seeks to avoid a pre-petition lien held by Defendant Republic First Bank ("the Bank") in three (3) investment accounts of the debtor, GEM Refrigerator Co. ("the Debtor"). The accounts are held at Charles Schwab & Co., Inc. t/a Charles Schwab Institutional ("Schwab"), and have a combined value of approximately...

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