Leibowitz Ex Rel. Estate of Chicago Truck Center, Inc. (In Re Chicago Truck Center, Inc.)

MEMORANDUM OPINION

PAMELA S. HOLLIS, Bankruptcy Judge.

This matter comes before the court on the Second Amended Complaint of David Leibowitz, as Trustee of the Chapter 7 Estate of Chicago Truck Center (the “Trustee”) seeking to avoid as fraudulent certain transfers made by Chicago Truck Center, Inc. (“CTC”) to General Motors Acceptance Corporation (“GMAC”) under Sections 548(a)(1)(A) and (a)(1)(B) of Title 11 of the United States Code (the “Bankruptcy Code”) 1 740 ILCS 160/5(a)(l) and (2) and 740 ILCS 160/6(a) (as adopted in Illinois, the “UFTA”) (the “Complaint”). After two days of trial and…