Weiner v. A.G. Minzer Supply Corp. (In Re UDI Corp.)

MEMORANDUM OF DECISION

HENRY J. BOROFF, Bankruptcy Judge.

Before the Court is a “Complaint to Avoid and Recover Preferential Transfers” (the “Complaint”) filed by Gary Weiner (the “Trustee”), as trustee in bankruptcy of UDI Corporation (the “Debtor” or “UDI”), against various parties seeking to recover, pursuant to 11 U.S.C. §§ 547(b) and 550, alleged preferential transfers (the “Transfers”) made to the Defendants of approximately $186,000.00. In their joint answer, the Defendants raise various defenses, including that the Transfers never constituted estate property. Instead, they assert the…