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IN RE VALUE MUSIC CONCEPTS, INC.

Bankruptcy No. 03-61285, Adversary No. 04-06194, Adversary No. 04-06195, Adversary No. 04-06199, Adversary No. 04-06205, Adversary No. 04-06207, Adversary No. 04-06208, Adversary No. 04-06210, Adversary No. 04-06223.

329 B.R. 111 (2005)

In re VALUE MUSIC CONCEPTS, INC., Central South Music Sales, Inc., Kar, Inc., Records Central, Inc., and Music 4 Less, Inc., Debtors. William Kaye, as Creditor Representative for Value Music Concepts, Inc., et al., Plaintiff, v. A.R.E. Distribution & Alpine Records, LLC; Atlanta International Record Company, Inc.; Bookworld Christian, Inc.; Compendia Media Group Corporation; Word Entertainment, Inc.; Provident Music Distribution, Inc.; Juanita Bynum Ministries, Inc.; and New Day Christian Distributors, Inc., Defendants.

United States Bankruptcy Court, N.D. Georgia, Atlanta Division.

August 22, 2005.

Attorney(s) appearing for the Case

James R. Sacca, Greenberg Traurig, LLP, Atlanta, GA, for Plaintiff.

Catherine A. Harrison, Miller & Martin PLLC, Atlanta, GA, for Defendants.

ORDER ON DEFENDANTS' MOTIONS FOR SUMMARY JUDGMENT

PAUL W. BONAPFEL, Bankruptcy Judge.

The Plaintiff seeks to recover alleged preferential transfers from the Defendants for the benefit of unsecured creditors in his capacity as the Creditor Representative appointed pursuant to 11 U.S.C. § 1123(b)(3) under the confirmed chapter 11 plan of the Debtors, Value Music Concepts, Inc. ("Value Music") and its four subsidiaries. The alleged transfers arise out...

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