Sweet Magnolia Tours’ Trustee Sues Creditors For Clawback
February 15, 2021, Middle District of Tennessee – Last week, Eva M. Lemeh, as a Trustee for the bankruptcy estate of Sweet Magnolia Tours, Inc. ( the “Debtor”) initiated 11 complaints against creditors, to recover preferential transfers under Sections 547(b) and 550 of the Bankruptcy code.
The largest case in the group so far, is filed against Sun Trust Bank for return of $359,682.86.
Sweet Magnolia, Inc. filed for bankruptcy on April 8, 2020. The case is In re Sweet Magnolia Tours, Inc. in the United States Bankruptcy Court for the Middle District of Tennessee under case No. 20-02097. Honorable Judge Marian F Harrison is presiding over the Debtor’s bankruptcy cases.