Insights from Fox Rothschild's National Bankruptcy Practice
Introduction
In July of 2011, the Chapter 7 Trustee (the “Trustee”) in the Ultimate Acquisition Partners (formerly “Ultimate Electronics”) bankruptcy began filing complaints to avoid and recover payments which the…
Continue Reading Bankruptcy Trustee in Ultimate Electronics Files More Preference Actions
Introduction
A couple of weeks ago, the Chapter 7 Trustee (the “Trustee”), in the Ultimate Acquisition Partners bankruptcy, began filing complaints to avoid and recover payments the Trustee alleges constitute…
Continue Reading A Closer Look at the Ultimate Acquisition Partners’ Bankruptcy
Background
Last month, the Chapter 7 Trustee in the Sunset Aviation bankruptcy began filing preference actions against various defendants seeking the recovery of alleged avoidable transfers. The Sunset Aviation bankruptcy…
Continue Reading Trustee in Sunset Aviation Commences Preference Actions
