Preference Actions Filed in HH Liquidation, LLC
Delaware, September 5, 2017 – From September 5, 2017, through September 8, 2017, the Official committee of unsecured creditors on behalf of the bankruptcy estates of HH Liquidation, LLC, and its affiliated debtors initiated more than 170 clawback actions seeking the avoidance and recovery of allegedly preferential transfers under Sections 547 and 550 of the Bankruptcy Code. The Committee is only pleading Section 547 preference actions and not a Section 548 fraudulent conveyance cause of action. The Debtors filed voluntary petitions for bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on September 8, 2015, under Chapter 11 of the Bankruptcy Code. The bankruptcy case is – Case No. 15-11874. On September 21, 2015, pursuant to section 1102 of the Bankruptcy Code, the Office of the United States Trustee appointed the Official Committee of Unsecured Creditors. Honorable Judge Kevin Gross is presiding over the Debtor’s bankruptcy cases. Pachulski Stang Ziehl & Jones is prosecuting the preference case as counsel to the Committee. Kurtzman Carson Consultants LLC is the claims agent in these bankruptcy cases and case information and main case filings can be found at http://www.kccllc.net/haggen.
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