Prejudgment interest is awarded “to compensate debtor’s estate for its inability to use the money or property during the time it was in the transferee’s possession.” In re Energy Co-op., Inc., 130 B.R. 781, 792 (Bankr.N.D.Ill. 1991) (citing In re Art Shirt Ltd. Inc., 93 B.R. schwinn dealers 333, 342 (E.D.Pa. 1988)); see also In re U.S.A. Diversified Products, Inc., 193 B.R. 868, 881 (Bankr.N.D.Ind. 1995), aff’d, 196 B.R. 801 (N.D.Ind.), aff’d, 100 F.3d 53 (7th Cir. 1996) (citing Partington v. Broyhill Furniture Indus. Inc., 999 F.2d 269, 274 (7th Cir. 1993)).
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Thus, Defendant established under § 547(c)(4) a subsequent new value defense to the preferential transfers. Mr. Larry Stallings joined the Defendant in 1992, and the Defendant’s finance, sales, manufacturing, and accounting departments all reported to him in his capacity as Defendant’s President and Chief Operating Officer. Stallings Tr., p. 4 (line 18); p. 5 (line 24)-p. schwinn beach cruiser Stallings only “occasionally” became involved with contacting Defendant’s customers regarding slow payment of invoices. Stallings Tr., p. 6 (lines 12-15). However, Stallings testified that, several weeks before the Preference Period, he became concerned about the delinquencies owing from the Debtors and called Lamar to inquire about Debtors’ financial condition.
The Paramount operations were moved to Waterford, Wisconsin, where the Paramount was reborn with a modern factory and workforce. Schwinn then partnered with 7-Eleven, establishing a team including Eric Heiden. When 7-Eleven decided to hit the big time in racing, Schwinn went its own way due to a lack of funding.
That was a reasonable conclusion on their part given the frequency and urgency of the calls. Thus, the collection calls resulted in the Defendant receiving the transfers instead of other creditors of the Debtors. In this regard alone, Defendant has therefore failed to meet its burden under § 547(c)(2)(B). Contrary to Defendant’s contention, the post-bankruptcy substantive consolidation of the Debtors’ several bankruptcy estates does not support a calculation on a consolidated basis of the Defendant’s new value defense to pre-bankruptcy transactions. As found above, however, Defendant did establish at trial that the alleged new value shipments were actually received by the Debtor or its dealers, and that the new value shipments remained unpaid as of the Petition Date.
In addition, the Order consolidating these estates had only prospective effect and did not merge the Debtors during the Preference Period. The evidence further demonstrated that the Defendant dealt with each of the Debtors separately during their commercial relationship. Stallings never made an express threat as such to stop treadmill shipments by True Fitness to Schwinn, see Def. 8, p. 35 (lines 10-16); p. 38 (line 19)-p.