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Breakwater Credit Opportunities Fund & Others Move for Partial Summary Judgment On Plaintiff’s Complaint to Recover $1M For Alleged Breach of Fiduciary Duty & Fraud in Old LC, Inc., et al Bankruptcy

Last week, Defendants Breakwater Credit Opportunities Fund, L.P. and others moved for partial summary judgment on the complaint brought by Official Committee of Unsecured Creditors of Old LC, Inc., et al for avoidance of preference and fraudulent transfers worth $ 1 million.

META Advisors LLC Files Motion for Summary Judgment Against a Hong Kong Based Company Engaged in Design and Development of Portable Lighting Products, Seeks $93k in Alleged Preferences

Earlier last week, META Advisors LLC on behalf of G-Estate Management Company, Inc. (f/k/a Gordmans Management Company, Inc.) moved for summary judgment under Rule 56 of the Federal Rules of Civil Procedure against Mastercraft International Limited on the Plaintiff’s alleged claims under 11 U.S.C. §§ 547, 550 and 502 of the Bankruptcy Code.

Orion Energy Funds Moves to Dismiss Plaintiff’s Complaint in Carbonlite Holdings Bankruptcy Case For Failure to State a Claim

Two weeks ago, Defendants Orion Energy Credit Opportunities Fund II, L.P., Orion Energy Credit Opportunities Fund II PV, L.P., and Orion Energy Credit Opportunities Fund II GPFA, L.P. moved the court for an order dismissing counts 4 through 8 of the complaint filed by Plaintiffs Bahram Nour-Omid and Learnicon LLC in the bankruptcy case of Carbonlite Holdings, LLC.

PNW Healthcare Holdings & its Affiliates Move for Dismissal of Adversary Proceeding Against Canyon Z, LLC, and 34 Others

Last month, Plaintiffs PNW Healthcare Holdings, LLC and twenty of its affiliates, as debtors and debtors in possession in the jointly administered chapter 11 cases, filed an agreed motion requesting the court to voluntarily dismiss their complaint against Canyon Z, LLC, and 34 other defendants according to Rule 41(a)(2) of the Federal Rules of Civil Procedure made applicable by Rule 7041 of the Federal Rules of Bankruptcy Procedure.
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