Peltz v. Gulfcoast Workstation Group (In Re Bridge Information Systems, Inc.)

MEMORANDUM OPINION

DAVID P. MCDONALD, Bankruptcy Judge.

Scott Peltz, Plan Administrator (“Plan Administrator”) for the estate of Reorganized Debtor Bridge Information Systems (“Bridge”), filed this instant adversary complaint against Gulfcoast Workstation Group (“Gulfcoast”) seeking to recover payments that Bridge made to Gulfcoast totaling $2,155,105.80 as preferential transfers under 11 U.S.C. § 547(b). 1 Gulfcoast argues that even if the payments were preferential, Plan Administrator may not avoid them under the “ordinary course of business” defense contained in 11 U.S.C. § 547(c)(2).

The…