Bogdanov v. Avnet, Inc.

Case l:10-cv-00543-SM Document 29 Filed 09/30/11 Page 1 of 26 UNITED STATES DISTRICT COURT DISTRICT OF NEW HAMPSHIRE Olga L. Bogdanov, Trustee of Amherst Technologies, LLC, Appellant/Cross-Appellee v. Case No. 10-cv-543-SM Opinion No.

2011 DNH 153

Avnet, Inc., Appellee/Cross-Appellant O R D E R The Trustee in this adversary proceeding seeks to avoid preferential payments made to Avnet, Inc., Amherst's largest unsecured creditor. The matter was tried in the bankruptcy court, which held that Avnet established a subsequent new value defense under 11 U.S.C. § 547(c) (4), thereby substantially…