Move file but only if it's closed

I want to move large file created by external process as soon as it's closed.

Is this test command correct?

if lsof "/file/name"
then
        # file is open, don't touch it!
else
        if [ 1 -eq $? ]
        then
                # file is closed
                mv /file/name /other/file/name
        else
                # lsof failed for some other reason
        fi
fi