Crazy Law (Part 2)
This video briefly discusses the rationale for the Preference Laws and their purpose.
Neosho Concrete Products Accuses Fiberglass Composite Manufactures of Alleged Breach of Contract
Plaintiff-Debtor Neosho Concrete Products Company sues Defendant Owens Corning Sales, LLC for alleged damages, specific performance of a contract and seeks declaratory relief as to the ownership or interest in 20,000 tons of Rockwool shot.
Stewart B. Herman, Esq.
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GTC Works Seeks To Avoid Transfer of Liens Against the Debtor’s Assets Under Sec. 547
GTC Works, LLC recently brought an adversary proceeding according to Rule 7001 of the Federal Rules of Bankruptcy Procedure to determine the rights of the defendants in the sale proceeds and to avoid transfers of certain liens against the Debtor’s assets.
A Collectibles and Toys Wholesaler Seeks a Judicial Determination of Its and the Defendants’ Rights Under a Lease & Finance Agreement
Heo, Inc., a distributor, and a wholesaler of top brands in licensed collectibles, toys, and merchandise, commenced an adversary proceeding against defendants for declaratory relief, turnover of property and violation of the automatic stay under sections 542 and 362 of the Bankruptcy Code.
Dismissed For No Payment
The Debtors are manufacturers of automotive acoustical services including reclaimed cotton acoustical insulation, polypropylene splash shields and fender insulators, and resin-free mouldable acoustical insulators.
Permian Crude Transport Trustee Sues a Dallas-Based Energy Company for Alleged Fraudulent Payments Worth $11M
Plaintiff Daniel J. Sherman, as the duly appointed Chapter 7 trustee of the estate of Permian Crude Transport, L.P. charges Matador Resources Company for the avoidance and recovery of fraudulent transfers worth $11M under sections 24.005, 24.006, and 24.013 of the Texas Uniform Fraudulent Transfer Act and sections 544, 548, and 550 under title 11 of the Bankruptcy Code.
Trustee Kapila Sues Black Diamond Group For Over $39M in Richert Funding Bankruptcy Case
Trustee Soneet R. Kapila for the substantively consolidated bankruptcy estate of Richert Funding, LLC and Dwight and Holly Richert sues Black Diamond Holdings, LLC and Black Diamond Financial Group, Inc.
Permian Crude Transport Trustee Indicts a Dallas-Based Energy Company for Alleged Fraudulent Payments Worth $11M
Plaintiff Daniel J. Sherman, as the duly appointed Chapter 7 trustee of the estate of Permian Crude Transport, L.P. charges Matador Resources Company for the avoidance and recovery of fraudulent transfers worth $11M under sections 24.005, 24.006, and 24.013 of the Texas Uniform Fraudulent Transfer Act and sections 544, 548, and 550 under title 11 of the Bankruptcy Code.
Trustee Allan B. Mendelsohn Seeks a Declaratory Judgment to Recover Alleged Fraudulent Transfers in SRS Capital Bankruptcy Case
Plaintiff Trustee Allan B. Mendelsohn for SRS Capital Funds, Inc. sues Defendant, Y.S.S.S. LLC to avoid and recover certain amounts transferred to Defendant within four (4) years before the filing of the bankruptcy petition, as fraudulent conveyances.