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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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