From January 23-27, 2015, Charles A. Stanziale, Jr., as the Chapter 7 Trustee (the “Trustee”) of Powerwave Technologies, Inc. (“Powerwave” or the “Debtor”), filed approximately 102 preference complaints seeking to
Continue Reading Powerwave Preference Actions Filed
Section 547
THQ Inc. Preference Actions Filed
From December 17-19, 2014, THQ Inc. filed approximately 78 preference complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the Bankruptcy Code, and…
Continue Reading THQ Inc. Preference Actions Filed
Satcon Technology Corp. Preference Actions Update
On October 17, 2014, Charles M. Forman, the Chapter 7 Trustee of the Satcon Technology Corp. bankruptcy estate, filed a number of complaints seeking the avoidance and recovery of alleged…
Continue Reading Satcon Technology Corp. Preference Actions Update
Quantum Foods Preference Actions Update
In a prior post, we discussed the commencement of approximately 72 preference actions filed in the Quantum Foods bankruptcy proceeding by the Creditors Committee. In the preference actions at…
Continue Reading Quantum Foods Preference Actions Update
MCG Preference Actions Update
In a prior post, we discussed that a number of preference actions were filed in the MCG Limited Partnership, et al. bankruptcy proceeding by the Chapter 7 Trustee. Since…
Continue Reading MCG Preference Actions Update
Preference Actions Filed in MCG Limited Partnership Bankruptcy
On August 1, 2014, the Chapter 7 Trustee of MCG Limited Partnership, et al., filed approximately 38 complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections…
Continue Reading Preference Actions Filed in MCG Limited Partnership Bankruptcy
Capitol Infrastructure, LLC Preference Litigation
From April 22 – 24, 2014, Jeoffrey L. Burtch, Chapter 7 Trustee of the Capitol Infrastructure, LLC bankruptcy estates, filed approximately 71 complaints seeking to avoid and recover alleged preferential…
Continue Reading Capitol Infrastructure, LLC Preference Litigation
Preference Payments: Brief Analysis of Preference Actions and Common Defenses
It’s your worst nightmare: you provided goods and services to a financially struggling company, only to find out that it filed for bankruptcy, leaving your company with a large unpaid…
Continue Reading Preference Payments: Brief Analysis of Preference Actions and Common Defenses