Frontage Development Corp. v. Furman (In re White Plains Development Corp.)

DECISION ON MOTION FOR PARTIAL SUMMARY JUDGMENT

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The Chapter 11 debtors, Frontage Development Corp. (“FDC”) and The Eighty Trust (the “Eighty Trust”), have moved for partial summary judgment in this adversary proceeding which they commenced against Eliot Furman (“Furman”) and Ack-erley Communications of Massachusetts, Inc. (“Ackerley”) to avoid certain post-petition transfers. The debtors also seek a declaratory judgment that all future payments made under an Indenture of Lease *127(the “Lease”) are property of the estate and therefore should be paid directly…