United States Bankruptcy Court, D. Massachusetts February 9, 1995, 19-40217 (Braunstein v. UIU Health & Welfare Fund (In Re Broderick Co.))

MEMORANDUM OF DECISION AND ORDER ON CROSS MOTIONS FOR SUMMARY JUDGMENT

CAROL J. KENNER, Bankruptcy Judge.

The principal issue presented in this adversary proceeding is whether health benefits provided by a Union-created employee benefit trust to the Debtor’s employees are “new value ... for the benefit of the debtor” within the meaning of 11 U.S.C.