New Cases

Citigroup Sells Claims in Face Amount of $14.5M in LATAM Airlines

July 23, 2022 admin

July 13, 2022, US Bankruptcy Court for Southern New York – Citigroup Financial Products, Inc. sells claims in face amount of $14.5 million by filing notices pursuant to Rule 3001 (e)(2) of the Federal Rules of Bankruptcy Procedure in the bankruptcy case of LATAM Airlines Group. Transferor Transferee Claim Amount Claim No. Citigroup Financial Products […]

Miami Debtor Files Lawsuits to Resolve Priority of Lien Battle

July 23, 2022 admin

Download the full pdf of the complaint by clicking: here July 10, 2022, US Bankruptcy Court for Southern Florida – 942 Penn RR, LLC (“Debtor”), brings adversary proceedings against five Defendants including Creative Directions, Inc.; G. Proulx, LLC et al. to determine the priority of liens as to the Debtor’s real property located at 942 […]

Trustee Sues Large Financial Institutions to Clawback Alleged “Preferential Transfers”

July 23, 2022 admin

Download the full pdf of the complaint by clicking: here July 07, 2022, US Bankruptcy Court for New Jersey – John M. McDonnell, the chapter 7 trustee (the “Trustee”) of the estate of Log Storm Security, Inc. (the “Debtor”) sues thirty Defendants to clawback alleged “preferential transfers”. The Trustee seeks to avoid and recover the […]

Texas Judge Denies “Ponzi Presumption” for “Ponzi-Like” Scheme; AM Radio Station Dodges Fraudulent Conveyance Bullet

July 23, 2022 admin

Download the full pdf of the opinion by clicking: here July 13, 2022, US Bankruptcy Court for Northern Texas – The Northern Texas Bankruptcy Court granted a motion for judgment on partial findings filed by CBS Radio, Inc. et al. (“Defendants”) determining that Robert Yaquinto, Jr., the Chapter 7 trustee (“Trustee”) for Texas E&P Operating, […]

Puerto Rican Motion to Dismiss Clawbacks Hinges On Court’s Interpretation of PR Mortgage Foreclosure Law

July 23, 2022 admin

Download the full pdf of the motion by clicking: here July 19, 2022, US Bankruptcy Court for Puerto Rico – Perfect Price, Inc.; Latin Investment Corp. et al. (“Defendants”) file a motion to dismiss the complaint of BLD Realty, Inc. (“Debtor”) under Rule 12(b)(6) of the Federal Rules of Civil Procedure. The complaint seeks damages […]

Fair Harbor Capital Buys Thirty Two BK Claims in Fox Ortega Bankruptcy

July 12, 2022 admin

131

June 21, 2022, US Bankruptcy Court for Northern California – Fair Harbor Capital, LLC files evidence and notice pursuant to Rule 3001 (e)(2) of the Federal Rules of Bankruptcy Procedure with the United States Bankruptcy Court for the Southern District of New York, regarding transfer of thirty two claims to Fair Harbor Capital, LLC in […]

Cerberus Dealt Loss in Lien Subordination Fight

July 11, 2022 admin

Download the full pdf of the opinion by clicking: here July 06, 2022, US Bankruptcy Court for Delaware – The Delaware Bankruptcy Court holds the subordination of lien of minority note holders fair and reasonable in the bankruptcy case of TPC Group, Inc (“Debtor”). The adversary proceeding was filed by two minority note holders Bayside […]

JD Supra: “Preference Defense In the Wake Of The Pandemic: A Primer”*

July 11, 2022 admin

June 1, 2022 – JD Supra: “Preference Defense In the Wake Of The Pandemic: A Primer” (Author: Arielle Adler) https://www.jdsupra.com/legalnews/preference-defense-in-the-wake-of-the-5026913/ *Onebowlinggreen.com posts articles for convenience of our subscribers. Onebowlinggreen.com does not endorse contents of articles. (7)

Trustee Alleges $20M PPP Loan Repay Is Per Se Not Ordinary

July 11, 2022 admin

Download the full pdf of the complaint by clicking: here June 29, 2022, US Bankruptcy Court for Southern Texas – NPC International GUC Trust (“Trust”) brings a lawsuit against INTRUST Bank, N.A. (“Defendant”) to avoid and recover alleged preferential transfers and to disallow any claims held by Defendant. The complaint provides the following background for […]

Virgin Islands Defendants Claim FL Clawback Laws Hold No Water in the Islands

July 11, 2022 admin

Download the full pdf of the motion by clicking: here July 06, 2022, US Bankruptcy Court for Southern Florida – Defendants, United Corporation (“United”) and Fathi Yusuf Mohamad Yusuf (“Yusuf”) move to dismiss count 1 of the adversary complaint pursuant to Fed. R. Bankr. P. 7012 and Fed. R. Civ. P. 12(b)(6). By background, United […]

Share this video

Enter your email and press subscribe (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Leave this field empty if you're human:

Enter your email and press subscribe (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Leave this field empty if you're human:

Enter your email and press subscribe

Enter your email and press subscribe