Commercial Morality, the Merchant Character, and the History of the Voidable Preference
An interview with the Author of the article "Commercial Morality, the Merchant Character, and the History of the Voidable Preference."
Texas Two-Step and Forecasting Its Future Application
An interview with the Author of "Texas Two-Step and Forecasting Its Future Application"
Clawback Proceedings Initiated in CFO Management Holdings’ Bankrupt “Ponzi Scheme”
Trustee Wallace initiates clawback actions to avoid preferential and fraudulent transfers made to several creditors in CFO Management Holdings bankruptcy.
Argo Partners Picks Up BK Claims in Tiger Oak Media Chapter 11 Bankruptcy
Argo Partners, in its capacity as transferee, files evidence and notice pursuant to Rule 3001 (e)(2) of the Federal Rules of Bankruptcy Procedure with the United States Bankruptcy Court for Minnesota, regarding transfer of five claims in Tiger Oak Media bankruptcy case.
Defendant Seeks Dismissal Citing Wrong Address Snafu
Willard Manufacturing, Inc. (the “Defendant”) files a motion to dismiss the claims asserted against it in the amended complaint of Alan D. Halperin, Liquidating Trustee (the “Trustee”) of the High Ridge Brands Liquidating Trust. HRB Winddown, Inc. et al. (the “Debtors”)
Texas Oil Defendants Hit with $2.8M Clawback Suit For Alleged Preferences
Scott A. Rinaldi, in his capacity as trustee (the “Trustee”) of the BJ Services Wind-Down Trust and as sole representative of BJ Services, LLC and BJ Services Management Holdings Corporation (the “Debtors”) , files lawsuits against five Defendants
Foreclosure Sale Winner Faces Trustee Fraudulent Conveyance Action
Gabhaltais Teaghlaigh LLC (“Debtor”) sues Synergy Funding, LLC and OHP LLC (“Defendants”) to avoid a foreclosure transfer of property allegedly belonging to the bankruptcy estate.
Delaware Judge Rejects D&O’s MTD
The US Bankruptcy Court for Delaware denied Defendants’ motion to dismiss the claim for breach of fiduciary duty alleged by Alfred T. Giuliano, the Chapter 7 trustee (“Trustee”) for bankruptcy estates of Nobilis Health Corp. et al.
Unpaid New Value Stays Unpaid Even When Later Paid Post Petition–11th Cir
The Eleventh Circuit Court of Appeals reversed the Bankruptcy Court’s order which had denied Auriga Polymers Inc. (“Defendant”) to offset its preference liability against the new value Auriga provided to Beaulieu Group, LLC
New York District Court Nixes Shareholder’s Appeal in Trustee Suit
The District Court for Southern New York granted Trustee Ian J. Gazes’ motion to dismiss Nicholas Gordon’s appeal from Bankruptcy Court’s orders. The orders dismissed the adversary proceeding filed by Nicholas Gordon
Wisconsin District Judge Throws Out Trustee Appeal, OK’s Earmarking Doctrine
The District Court for Eastern Wisconsin dismissed Trustee Douglas F. Mann’s appeal against the Bankruptcy Court order granting summary judgment in favor of Defendant LSQ Funding Group L.C. (“LSQ”) in the bankruptcy case of Engstrom, Inc
Banks Dump Over $50M in LATAM BK Claims
Barclays Bank and Citigroup Financial Products, Inc. transfer claims in the face amount of millions in the bankruptcy case of LATAM Airlines Group
Pioneer Funding Buys $1.4M in BK Claims From National General Insurance Company
Pioneer Funding Group LLC files evidence and notice pursuant to Rule 3001 (e)(2) of the Federal Rules of Bankruptcy Procedure with the United States Bankruptcy Court for Delaware
