On May 20, 2016, Joao Bock Transaction Systems, LLC (“Debtor” or “Joao Bock”) filed for Chapter 7 bankruptcy relief before the United States Bankruptcy Court for the District of Delaware.  Joao Bock has been described by some as a “patent troll” that engages in litigation over intellectual property disputes in order to extract favorable settlements.

According to the Debtor’s Petition, Joao Bock has between $1 and $10 million in liabilities.  A section 341 meeting has been scheduled to take place on June 22nd at 11:00 a.m. at the J. Caleb Boggs Federal Building, 844 King St., Room 2112, in Wilmington, DE.

The trustee assigned to this matter is David Carickhoff of the law firm of Archer & Greiner, P.C. The matter is pending before the Honorable Mary F. Walrath.