Topic
Preference Actions
210 published works
Delaware Bankruptcy Update
Sports Equipment Manufacturer, Schutt Sports, Files for Bankruptcy in Delaware
Introduction On September 6, 2010, Schutt Sports ("Schutt" or the "Debtor") filed petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. This post will look briefly…
Delaware Bankruptcy Update
Chapter 7 Trustee in HRP Myrtle Beach Holdings Files Preference Actions
Recently, the Chapter 7 Trustee (the "Trustee") in the HRP Myrtle Beach Holdings bankruptcy, filed several avoidance actions pursuant to sections 547, 548, and 549 of the Bankruptcy Code. The avoidance…
Delaware Bankruptcy Update
Chapter 7 Trustee Commences Avoidance Actions in Rehrig International
Earlier this month, the Chapter 7 Trustee for the Rehrig International bankruptcy estate filed several preference actions against various defendants. As set forth in the complaints, the Trustee seeks to avoid…
In Solvency
Liquidating Trustee of Intermet Corporation Files Preference Actions in Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Earlier this month, the Liquidating Trustee in the Intermet bankruptcy filed preference actions against various defendants. This post will look at the nature of Intermet's business, why the company…
Delaware Bankruptcy Update
Liquidating Trustee of Intermet Corporation Files Preference Actions in Delaware
Introduction Earlier this month, the Liquidating Trustee in the Intermet bankruptcy filed preference actions against various defendants. This post will look at the nature of Intermet's business, why the company…
In Solvency
Ascendia Brands Files Over 200 Preference Actions in Delaware Bankruptcy Proceeding
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction In July of this year, Ascendia Brands, Inc., began filing preference actions against various defendants who allegedly received payments from Ascendia. According to the complaints, the defendants, many of whom were former customers…
Delaware Bankruptcy Update
Ascendia Brands Files Over 200 Preference Actions in Delaware Bankruptcy Proceeding
Introduction In July of this year, Ascendia Brands, Inc., began filing preference actions against various defendants who allegedly received payments from Ascendia. According to the complaints, the defendants, many of whom were former customers…
In Solvency
Litigation Trustee in SemCrude Files Preference Complaints
By Fox Rothschild LLP, Fox Rothschild LLP
Earlier this month, Bettina M. Whyte, the SemGroup Litigation Trustee (the "Trustee") filed approximately 350 adversary actions against various creditors in the SemCrude bankruptcy. The majority of the adversary actions…
Delaware Bankruptcy Update
Litigation Trustee in SemCrude Files Preference Complaints
Earlier this month, Bettina M. Whyte, the SemGroup Litigation Trustee (the "Trustee") filed approximately 350 adversary actions against various creditors in the SemCrude bankruptcy. The majority of the adversary actions…
In Solvency
Plan Administrator in Goody’s Bankruptcy Files Preference Actions
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Recently, the Plan Administrator for the Goody's Family Clothing bankruptcy commenced adversary actions against various defendants in the United States Bankruptcy Court for the District of Delaware. The Goody's…