Insights from Fox Rothschild's National Bankruptcy Practice
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…
Continue Reading Ascendia Brands Files Over 200 Preference Actions in Delaware Bankruptcy Proceeding
Introduction
Recently, the LandSource Creditor Litigation Liquidating Trust (the “Litigation Trust”), commenced various avoidance actions in the United States Bankruptcy Court for the District of Delaware. This post will…
Continue Reading LandSource Communities Development Commences Preference Actions
The chapter 7 trustee for the Adva-Lite bankruptcy recently filed over 70 adversary complaints seeking to recover what the trustee considers avoidable transfers under sections 547, 548, 549 and 550…
Continue Reading Trustee Commences Preference Actions in Adva-Lite Bankruptcy
