IN RE ELROD HOLDINGS CORP.

Bankruptcy No. 06-11164 (BLS). Adversary No. 07-51719.

394 B.R. 760 (2008)

In re ELROD HOLDINGS CORP., et al., Debtors. Elway Company, LLP, Plaintiff, v. George L. Miller In His Capacity as Trustee in Elrod Holdings Corp., et al.; Jack K. Elrod Company, Inc.; Fifth Third Bank (Ohio); Reserve Mezzanine Finance, LLC f/k/a Brantley Mezzanine Finance, LLC; and Webster Growth Capital Corp., Defendants. George L. Miller, in his capacity as Trustee to Elrod Holdings Corp., et al. v. Elway Company, LLP; Jeffrey L. Elrod; Dale K. Elrod; Maryann Waymire; Midwest Seating Corporation; Nussli, LLC; Kendall Industries, Inc. f/k/a Elrod Corporation.

United States Bankruptcy Court, D. Delaware.

September 30, 2008.


Attorney(s) appearing for the Case

Amy D. Brown, Brian A. Sullivan, Werb & Sullivan, Wilmington, DE, Paul T. Deignan, Taft Stettinius & Hollister LLP, Indianapolis, IN, for Elway Company, LLP.

Steven M. Coren, Kaufman, Coren & Ress, P.C., Philadelphia, PA, William J. Burnett, Flaster/Greenberg, P.C., Wilmington, DE, for George L. Miller.

Jack K. Elrod Company, Inc., pro se.

Robert J. Sidman, Vorys, Sater, Seymour, Pease, Columbus, OH, for Fifth Third Bank.

Jeffrey C. Wisler, Connolly Bove Lodge & Hutz LLP, Francis A. Monaco Jr., Steven K. Kortanek, Womble Carlyle Sandridge & Rice, PLLC, Wilmington, DE, Walter E. Paulekas, Levin, Ford & Paulekas, LLP, Hartford, CT, for Reserve Mezzanine Finance, LLC f/k/a Brantley Mezzanine Finance, LLC.


OPINION1

BRENDAN LINEHAN SHANNON, Bankruptcy Judge.

Before the Court is a motion (the "Motion") [Docket No. 58] filed by several alleged transferees (the "Movants")2 seeking partial summary judgment on two fraudulent transfer claims asserted by George L. Miller (the "Trustee"). The Movants assert that 11 U.S.C. § 546(e) operates to prevent the Trustee from avoiding the alleged transfers...

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