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IN RE EBC I, INC.

Bankruptcy No. 01-00706(MFW), Adversary No. 03-50003.

380 B.R. 348 (2008)

In re EBC I, INC., f/k/a eToys, Inc., Reorganized Debtor. EBC I, Inc., f/k/a eToys, Inc., Plaintiff, v. America Online, Inc., Defendant.

United States Bankruptcy Court, D. Delaware.

January 10, 2008.

Attorney(s) appearing for the Case

Richard D. Allen, Esquire, Thomas W. Briggs, Jr., Esquire, Morris, Nichols, Arsht & Tunnell, Wilmington, DE, for Plaintiff.

Karen C. Bifferato, Esquire, Marc J. Phillips, Esquire, Connolly Bove Lodge & Hutz LLP, Wilmington, DE, James R. Wrathall, Esquire, Carol J. Banta, Esquire, Wilmer Cutler Pickering Hale and Dorr LLP, Washington, DC, for Defendant.

OPINION1

MARY F. WALRATH, Bankruptcy Judge.

Before the Court is the Complaint filed by EBC I, Inc., f/k/a eToys, Inc. ("eToys") against America Online, Inc. ("AOL") for avoidance of a fraudulent conveyance. For the reasons stated below, the Court will enter judgment in favor of AOL.

I. BACKGROUND

On March 7, 2001, eToys filed a voluntary petition under chapter 11 of the Bankruptcy Code. On...

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