Cipla, Inc. Sued for Damages Based On Its Alleged Submission and Subsequent Repudiation of Irrevocable Bids to Purchase Assets From Achaogen, Inc.

Trustee Edward E. Niger as Plan Trustee of Achaogen Plan Trust for the bankruptcy estate of Debtor Achaogen, Inc. brings an action against Defendant Cipla, Inc. for damages based on Cipla’s alleged submission and subsequent repudiation of irrevocable bids to purchase certain assets from the Debtor while Debtor was in bankruptcy.

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.