Topic
Preference Actions
210 published works
In Solvency
Conex Bankruptcy – Summary Judgment in a Preference Action
By Fox Rothschild LLP, Fox Rothschild LLP
In an 18 page opinion released December 18, 2014 in the Conex Holdings bankruptcy (Bank. D. Del. 11-10501), Judge Sontchi of the Delaware Bankruptcy Court analyzed the "ordinary course of…
Delaware Bankruptcy Update
THQ Inc. Preference Actions Filed
From December 17-19, 2014, THQ Inc. filed approximately 78 preference complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the Bankruptcy Code, and to…
Restructuring Debt Review
Challenging Insolvency through a Recharacterization Claim
By Oren Haker
An interesting decision from the Bankruptcy Court in the Eastern District of Tennessee shows how a defendant tried to defeat a preference claim by recharacterizing debt on the debtor’s balance…
Delaware Bankruptcy Update
Quantum Foods Preference Actions Update
In a prior post, we discussed the commencement of approximately 72 preference actions filed in the Quantum Foods bankruptcy proceeding by the Creditors Committee. In the preference actions at issue,…
In Solvency
Quantum Foods Preference Actions Update
In a prior post, we discussed the commencement of approximately 72 preference actions filed in the Quantum Foods bankruptcy proceeding by the Creditors Committee. In the preference actions at issue,…
Delaware Bankruptcy Update
Dots, LLC Preference Actions Filed
On November 7, 2014, in the neighboring jurisdiction of the United States Bankruptcy Court for the District of New Jersey, Dots, LLC, et al. (“Debtors” or “Dots”) filed approximately 70…
Delaware Bankruptcy Update
Quantum Foods: Committee Files Preference Actions
Introduction On October 28, 2014, The Official Committee of Unsecured Creditors of Q v. AB Foods LLC (the “Committee”), the committee in the Quantum Foods, LLC bankruptcy, began filing complaints…
Delaware Bankruptcy Update
Charles M. Forman, Trustee in Satcon Bankruptcy, Files Preference Actions
Introduction On October 17, 2014, Charles M. Forman, the Chapter 7 Trustee (the “Trustee”) for the bankruptcy estate of Satcon Technology Corp., began filing complaints to recover what he contends…
In Solvency
Barry Mukamal, Trustee in Southern Air Holdings Bankruptcy, Files Preference Actions
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Earlier this month, Barry E. Mukamal, in his capacity as Litigation Trustee (the “Trustee”) of the SAI Litigation Trust, began filing complaints to recover what the Trustee contends are…
Delaware Bankruptcy Update
Barry Mukamal, Trustee in Southern Air Holdings Bankruptcy, Files Preference Actions
Introduction Earlier this month, Barry E. Mukamal, in his capacity as Litigation Trustee (the “Trustee”) of the SAI Litigation Trust, began filing complaints to recover what the Trustee contends are…