Peltz v. Welsh, Carson, Anderson & Stowe VII, L.P. (In Re Bridge Information Systems, Inc.)

MEMORANDUM OPINION

DAVID P. McDONALD, Bankruptcy Judge.

These two adversary cases are before the Court on the motions of Welsh, Carson, Anderson & Stowe VI and VII (collectively “Welsh Carson”) for partial summary judgment on their subsequent new value affirmative defenses to Plan Administrator’s preference claim. The undisputed evidence in the summary judgment record demonstrates that there are no material facts in dispute that Welsh Carson provided Bridge with $30,000,000 in new value on an unsecured basis subsequent to Bridge making the allegedly preferential transfers. There are also no…