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Defendant Seeks Dismissal Citing Wrong Address Snafu

Download the full pdf of the opinion by clicking: here July 26, 2022, US Bankruptcy Court for Delaware – Willard Manufacturing, Inc. (the “Defendant”) files a motion to dismiss the claims asserted against it in the amended complaint of Alan D. Halperin, Liquidating Trustee (the “Trustee”) of the High Ridge Brands Liquidating Trust. HRB Winddown, […]

Foreclosure Sale Winner Faces Trustee Fraudulent Conveyance Action

Download the full pdf of the complaint by clicking: here July 21, 2022, US Bankruptcy Court for Massachusetts – Gabhaltais Teaghlaigh LLC (“Debtor”) sues Synergy Funding, LLC and OHP LLC (“Defendants”) to avoid a foreclosure transfer of property allegedly belonging to the bankruptcy estate. The Debtor claims that the foreclosure sale was allegedly “unperfected” and […]

Delaware Judge Rejects D&O’s MTD

Download the full pdf of the opinion by clicking: here July 27, 2022, US Bankruptcy Court for the District of Delaware – The US Bankruptcy Court for Delaware denied Defendants’ motion to dismiss the claim for breach of fiduciary duty alleged by Alfred T. Giuliano, the Chapter 7 trustee (“Trustee”) for bankruptcy estates of Nobilis […]

Banks Dump Over $50M in LATAM BK Claims

July 28, 2022, US Bankruptcy Court for Southern New York – Barclays Bank and Citigroup Financial Products, Inc. transfer claims in the face amount of millions in the bankruptcy case of LATAM Airlines Group. Marathon Distressed Creditor Master Fund, MBD 1 Ltd and Red Pines LLC are the prominent transferees.  Some of the claims transferred […]

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