New Cases

Curare Laboratory Seeks $5.3 Million in Alleged Fraudulent Transfers

October 28, 2021 admin

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October 18, 2021, Western District of Kentucky – Debtor-Plaintiff, Curare Laboratory, LLC prosecutes Defendants Solar Holdings Group, LLC, Bluewater Toxicology, LLC, and Jennifer Bolus. It seeks to recover about $5.3 million in alleged fraudulent transfers pursuant to Sections 541, 548, and 549 of the Bankruptcy Code. As alleged in the complaint, Debtor owns 80% of […]

A BPO company Inculpates Ivy Technology for Alleged Breach of Contract and Improper Set-off, Seeks Immediate Turnover of Money

March 7, 2021 admin

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Plaintiff-Debtor iQor Holdings, Inc., brings a complaint to turnover estate property, improper setoff, and breach of contract against Defendant Ivy Technology Master Holdings, LLC under Sec. 542 and 553 of the Bankruptcy Code.

Citigroup Financial Products Sells Claims in Face Amount Over $6.8 Million in LATAM Airlines Group SA

March 17, 2022 admin

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March 14, 2022, Southern District of New York – Star V Partners LLC and Olympus Peak CAV 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 Citigroup Financial Products Inc.’s claims in […]

Elite Aerospace Seeks Turnover of its Equipments Under § 542

October 5, 2021 admin

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September 23, 2021, Central District of California – Debtor and Debtor in possession Elite Aerospace Group, Inc., (“Plaintiff”) recently preferred multiple charges against Big Shoulders Capital VI, LLC, Machinery Network Auctions, Inc. (MNAI), and Machinery Network, Inc., claiming about $4.6 million. The Plaintiff seeks damages and brings equitable subordination and violation of automatic stay claims […]

Bankrupt Oil Field Equipment and Service Provider OFS International LLC Sues a Cyprus-Registered Steel Company For $10 Million Stock Deal

June 11, 2021 admin

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May 31, 2021, Southern District of Texas – Debtors and Debtors in possession OFS International LLC (“OFSI”) and OFSI Holding LLC ( “Plaintiff ”or “Debtors”) recently commenced a lawsuit against TMK Steel Holding Limited (“TMK Steel” or the “Defendant”) under 11 U.S.C. §§ 544, 548 and 550 of the Bankruptcy Code for a stock deal allegedly […]

Nobilis Health Trustee Demands Over $50M in Alleged Damages

October 27, 2021 admin

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October 18, 2021, District of Delaware -Trustee Alfred T. Giuliano for the jointly administered Chapter 7 bankruptcy estates of Nobilis Health Corp, Northstar Healthcare Holdings, Inc., and Northstar Healthcare Acquisitions, L.L.C. (collectively, “Nobilis,” or “Debtors”) brings an action to recover more than $50 million towards the damages allegedly inflicted upon Nobilis—a now-defunct but previously publicly-traded […]

Premier Education Group Trustee Seeks $19 Million for Alleged Breach of Contract

October 24, 2021 admin

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October 13, 2021, Eastern District of Pennsylvania – Plaintiff Trustee Christine C. Shubert for the estate of Premier Education Group, LP d/b/a Harris School of Business, d/b/a Salter Career School, d/b/a Salter College, d/b/a Salter School of Nursing, d/b/a Brandford Hall Career Institute, d/b/a Hallmark School of Photography, d/b/a American College of Medical Careers, d/b/a […]

Law Firm Faces Fraudulent Conveyance Summary Judgment Motion In Fee Payment Dispute

June 22, 2022 admin

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June 17, 2022, US Bankruptcy Court for the Central District of California – Arturo Cisneros, as Chapter 7 trustee (“Trustee”) of the bankruptcy estate of Daisy Wheel Ribbon Co., Inc. (“Debtor”) files a motion for summary judgment or partial summary adjudication pursuant to Rule 56 of the Federal Rules of Civil Procedure against Briggs Law […]

Trustee Lovato Accuses Nevada DC Solar Companies of Being a Ponzi Scheme Conduit

May 20, 2022 admin

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May 13, 2022, United States Bankruptcy Court District of Nevada – Christina W. Lovato, the Chapter 7 trustee (“Trustee”) of Double Jump, Inc. (“Debtor”) files a motion for partial summary judgment against Chip Ganassi Racing and Felix Sabates, Inc. (“Defendants”) seeking a declaration that DC Solar Companies (“DC Solar”) was a conduit for perpetrating a […]

JPR Mechanical Trustee Initiates 41 Lawsuits to Clawback About $7.1 Million as Alleged Preferences and Fraudulent Conveyances

August 12, 2021 admin

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August 9, 2021, Southern District of New York – Plaintiff Trustee Marianne T. O’Toole, for the estate of J.P.R. Mechanical Inc. d/b/a JPR Mechanical (“Debtor”) initiates about forty-one (41) adversary proceedings to avoid and recover alleged transfers of interest of the Debtor’s property during the 90 days before the petition date as preference transfers. The […]

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