Topic
Preference Actions
210 published works
In Solvency
Chapter 7 Trustee in ManagedStorage (aka Incentrix Solutions) Files Preference Actions
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction In January, Jeoffrey L. Burtch, the Chapter 7 Trustee (the "Trustee") in the ManagedStorage bankruptcy proceeding, commenced adversary proceedings in the Delaware Bankruptcy Court against various defendants. As alleged in the complaints,…
Delaware Bankruptcy Update
Chapter 7 Trustee in ManagedStorage (aka Incentrix Solutions) Files Preference Actions
Introduction In January, Jeoffrey L. Burtch, the Chapter 7 Trustee (the "Trustee") in the ManagedStorage bankruptcy proceeding, commenced adversary proceedings in the Delaware Bankruptcy Court against various defendants. As alleged in the complaints,…
Delaware Bankruptcy Update
Decision in Sierra Concrete Design, Inc. Provides a Thorough Explanation of the Principles Behind Bankruptcy’s Preference Laws
Summary In an opinion issued January 4, 2012, Judge Sontchi of the Delaware Bankruptcy Court provided an easy to follow primer in preference law in the course of granting in…
Delaware Corporate & Commercial Litigation Blog
Amendment of Preference Complaint Relates Back and Avoids Statute of Limitations
Miller v. Metal Exchange Corporation (In re: IH 1, Inc. f/k/a Indalex Holdings Finance, Inc.), Adv. Case No. 11-51329 (PJW) (Bankr. D. Del., Dec. 30, 2011), read opinion here. This…
Delaware Bankruptcy Update
Creditor Trustee in Champion Home Bankruptcy Files Preference Actions
Introduction This month, Bruce H. Mason, acting as creditor trustee (the "Trustee") for the CEI Liquidation Trust (the "Liquidation Trust" or "Trust") began filing preference actions against various defendants. As stated…
In Solvency
Creditor Trustee in Champion Home Bankruptcy Files Preference Actions
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction This month, Bruce H. Mason, acting as creditor trustee (the "Trustee") for the CEI Liquidation Trust (the "Liquidation Trust" or "Trust") began filing preference actions against various defendants. As stated…
Delaware Bankruptcy Update
Trustee in Opus South Bankruptcy Files Preference Actions
Last month, Jeoffrey Burtch (the "Trustee"), as Chapter 7 Trustee for the Opus South Bankruptcy, began filing preference complaints seeking to recover what the Trustee alleges are avoidable transfers under…
Delaware Bankruptcy Update
Preference Complaints Filed in the Velocity Express Bankruptcy
Earlier this month, James Carroll in his capacity as the "Wind Down Professional" for the Velocity Express bankruptcy, began filing preference actions against various defendants. As alleged in the preference…
Delaware Bankruptcy Update
Trustee in Meridian Automotive Systems Files Preference Complaints
On August 7, 2009, Meridian Automotive Systems ("Meridian") filed a voluntary petition for relief under chapter 7 of the United States Bankruptcy Code. Soon after Meridian filed its petition for…
In Solvency
Trustee in Meridian Automotive Systems Files Preference Complaints
By Fox Rothschild LLP, Fox Rothschild LLP
On August 7, 2009, Meridian Automotive Systems ("Meridian") filed a voluntary petition for relief under chapter 7 of the United States Bankruptcy Code. Soon after Meridian filed its petition for…