Delaware preference action

Introduction

On September 1, 2010, Judge Christopher S. Sontchi of the United States Bankruptcy Court for the District of Delaware issued a decision finding that the payment practices between a…
Continue Reading Decision in Archway Cookies Grants Summary Judgment Based on Ordinary Course of Business Defense

In late August, the Official Committee of Unsecured Creditors (the “Committee”) in the Pacific Energy Resources bankruptcy, began filing adversary actions against various creditors.  The complaints filed by the Committee…
Continue Reading Creditors’ Committee of Pacific Energy Resources Files Avoidance Actions

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…
Continue Reading Liquidating Trustee of Intermet Corporation Files Preference Actions in Delaware

Introduction

Judge Kevin J. Carey, Chief Judge of the United States Bankruptcy Court for the District of Delaware, recently issued a decision in the Pillowtex bankruptcy addressing the ordinary…
Continue Reading Recent Decision in Pillowtex Addresses Elements of the Ordinary Course of Business Defense in a Preference Action

The Chapter 7 Trustees in the Pope & Talbot and Specialty Motors bankruptcies recently filed hundreds of complaints in the United States Bankruptcy Court for the District of Delaware. …
Continue Reading Trustees in the Pope & Talbot and Specialty Motors Bankruptcies File Hundreds of Preference Actions

Introduction

Earlier this month,  the Official Committee of Unsecured Creditors (the “Committee”) for American Home Mortgage (“AMH”) filed over ninety (90) adversary actions (review one of the Committee’s Complaints here). …
Continue Reading Creditors Committee in American Home Mortgage Bankruptcy Files Over 90 Preference Actions