In the recent decision of Klauder v. Echo/RT Holdings LLC (In re Raytrans Holding, Inc.), Adv. No. 15-50273 (CSS) (Del. Bankr. Aug. 10, 2017), Judge Sontchi granted Defendants’ Motion
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Section 547 bankruptcy code
Trustee in Sunset Aviation Commences Preference Actions
By Fox Rothschild LLP & Fox Rothschild LLP on
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…
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Trustee in WL Homes Bankruptcy Commences Preference Actions
By Fox Rothschild LLP on
Introduction
In January of this year, George L. Miller, the chapter 7 trustee (the “Trustee”) in the WL Homes bankruptcy, began filing avoidance actions against various creditors. As alleged in…
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Chapter 7 Trustee in Consolidated Bedding Commences Preference Actions
By Fox Rothschild LLP & Fox Rothschild LLP on
Introduction
Earlier this month, the Chapter 7 Trustee (the “Trustee”) in the Consolidated Bedding bankruptcy commenced several avoidance actions under sections 547 and 548 of the Bankruptcy Code. Consolidated commenced…
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Creditors’ Committee of Pacific Energy Resources Files Avoidance Actions
By Fox Rothschild LLP & Fox Rothschild LLP on
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…
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Plan Administrator in Goody’s Bankruptcy Files Preference Actions
By Fox Rothschild LLP & Fox Rothschild LLP on
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…
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