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IN RE BRIDGE INFORMATION SYSTEMS, INC.

Bankruptcy No. 01-41593-293, Adversary No. 04-4007-293.

383 B.R. 139 (2008)

In re BRIDGE INFORMATION SYSTEMS, INC., Debtor. Scott P. Peltz, Plan Administrator, Plaintiff, v. Merisel Americas, Inc & MOCA, Defendants.

United States Bankruptcy Court, E.D. Missouri, Eastern Division.

March 3, 2008.

Attorney(s) appearing for the Case

Gregory D. Willard, Bryan Cave, Jennifer A. Merlo, Rosenblum, Goldenhersh, Silverstein & Zafft, P.C., St. Louis, MO, Thomas J. Moloney, New York, NY, for Debtor.

Cynthia A. Fonner, David B. Goroff, Foley and Lardner, Joanne Lee, Chicago, IL, for Plaintiff.

Gary Lee Vincent, Husch and Eppenberger, St. Louis, MO, Jeffrey M. Galen, Galen and Davis, LLP, Encino, CA, for Defendants.

MEMORANDUM OPINION

DAVID P. McDONALD, Bankruptcy Judge.

Scott A. Peitz, the Plan Administrator for the estate of Bridge Information Systems, Inc. ("Bridge"), brought this adversary proceeding seeking to avoid as preferential under 11 U.S.C. § 547(b), 15 transfers totaling $24,100,522.74 that Bridge remitted to MOCA. MOCA concedes that the payments were preferential under § 547(b), but nonetheless argues that Plan Administrator may not avoid...

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