Commercial Morality, the Merchant Character, and the History of the Voidable Preference
An interview with the Author of the article “Commercial Morality, the Merchant Character, and the History of the Voidable Preference.” (28)
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Georgia Court Denies Trustee’s Motion For Summary Judgment; Rules That Factual Disputes Must Be Heard For Evidence
March 8, 2022, Northern District of Georgia – Tamara Miles Ogier, in her capacity as the Chapter 7 Trustee for the estate of Debtor BLS Contracting, LLC, filed a motion for summary judgment in connection with her complaint against Defendant Superior Distribution Roofing &Building Materials (“SRS”) to avoid and recover a preferential transfer under Section 547 […]
Fox 8 : “‘It’s Embarrassing’ : Victims React After Financial Advisor Accused of Stealing Millions From Clients Stand Trial “
March 4, 2022 – Fox 8 : “‘It’s Embarrassing’ : Victims React After Financial Advisor Accused of Stealing Millions From Clients Stand Trial ” (Author : Matt Wright)* https://fox8.com/news/its-embarrassing-victims-react-after-financial-advisor-accused-of-stealing-millions-from-clients-stands-trial/ *Onebowlinggreen.com posts articles for convenience of our subscribers. Onebowlinggreen.com does not endorse contents of articles. (2)
Western Surety Company Files Motion to Dismiss DAB Constructors Trustee’s Complaint Seeking Avoidance of Alleged Liens
March 12, 2022, Middle District of Florida – Defendant Western Surety Company files a motion to dismiss Trustee Arvind Mahendru’s complaint to avoid and recover alleged preferential transfer of rights in tangible personal property of the estate in the bankruptcy case of Debtor DAB Constructors, Inc. The complaint seeks a declaratory judgment, holding that the Western […]
Claims in Face Amount Over $65 Million Transferred in LATAM Airlines Group SA
March 10, 2022, Southern District of New York – Citigroup Financial Products Inc., Olympus Peak Trade Claims Opportunities Fund and OPeak LLC file notices according to Rule 3001(e)(2) of the Federal Rules of Bankruptcy Procedure in the United States Bankruptcy Court for the Southern District for New York, of the transfer of the right, title and interest in […]
Law.Com : “Preference Payments Made Per Historical Practice Still Not Ordinary” *
2/28/2022 -Law.com : “Preference Payments Made Per Historical Practice Still Not Ordinary” * (Author : Andrew C. Kassner and Joseph N. Argentina Jr.) https://www.law.com/thelegalintelligencer/2022/02/28/preference-payments-made-per-historical-practice-still-not-ordinary/ *Onebowlinggreen.com posts articles for convenience of our subscribers. Onebowlinggreen.com does not endorse contents of articles. (34)
Trustee Jordan E. Lubin Brings 23 Clawback Actions in Allied Energy Services, LLC
February 18, 2022, Northern District of Georgia – Trustee Jordan E. Lubin, Chapter 7 for the bankruptcy estate of Debtor Allied Energy Services, LLC, brings lawsuits against twenty-three defendants to recover alleged preference and fraudulent transfers under Section 547 and 548 of the Bankruptcy Code. The Trustee asserts that the defendants have received transfers that […]
Delaware Court Discusses Weighted Average and Range Analysis To Determine Ordinary Course of Business; Rules in Favor of Defendant
March 1, 2022, District of Delaware – Trustee George L. Miller commenced an adversary proceeding to avoid and recover certain prepetition transfers made by Debtors J&M Sales, Inc. to Defendant Exist, Inc. under Sections 547, 548, and 550 of the Bankruptcy Code. Following an unsuccessful mediation, the Trustee filed a motion for summary judgment concerning his […]
Eighteen Clawback Actions Commenced in Bankruptcy Case of Alpha Guardian
February 23, 2022, District of Nevada – Force 10 Agency Services as Litigation Trustee of the AG Litigation Trust initiates clawback actions against eighteen (18) defendants to avoid and recover alleged preferential transfers amounting to $5,134,872.63 and to disallow any claims held by the defendants pursuant to Sections 547, 549, 550 and 502 of the […]
Alabama Court Grants Defendant’s Motion for Summary Judgment in Part Concerning Plaintiff’s Fraudulent Suppression Claims
March 6, 2022, Northern District of Alabama – The opinion concerns disputes between various people and entities in the poultry processing industry. Plaintiffs Gemstone Foods, LLC, and RCF, LLC, sought relief against Defendants AAA Foods Enterprises, Inc., A&M Consulting Firm, LLC, Portioning Partners, Farm Fresh Foods, LLC, Cooper, Hill & LeCroix, CPA, and various owners and […]