New Cases

Carpoff Ponzi Scheme – DC Solar Entities’ Trustee Brings a Fraudulent Conveyance Action Against Solarmore Investments, Inc.

January 29, 2021 admin

0

0

0

133

The Trustee alleges that Mr. Moore and the Carpoffs caused Debtors to make transfers worth $1.3M to Solarmore Inv. for the benefit of Mr. Moore and in furtherance of and related to the Carpoff Ponzi Scheme.

Read more

53 Insurance Companies Sued for Breach of Contracts in Diocese of Buffalo, N.Y. Bankruptcy Case

January 28, 2021 admin

0

0

0

22

The plaintiffs in the bankruptcy case of the Diocese of Buffalo, N.Y. sue 53 defendant insurance companies for breach of contracts

Read more

Florida Airlines Accuses Precision Aviation Group of Alleged Fraudulent Transfers

January 27, 2021 admin

0

0

0

59

Via Airlines, recently sued Precision Aviation Group for damages and recovery of fraudulent transfers worth $1,000,000.000

Read more

Trustee Schwartzer Sues the Highest-Paid Broker in a Multimillion-Dollar Sports Betting Ponzi Scheme for Clawback Transfers

January 27, 2021 admin

0

0

0

208

Trustee Lenard E. Schwartzer recently initiated several lawsuits to avoid and recover monies paid in a Ponzi scheme to various defendants, because such payments were preferential, actual fraudulent, and/or constructively fraudulent.

Read more

Central Management GP Sues Certain Financial Institutions To Determine Lien Rights and Ownership in Debtor’s Property.

January 27, 2021 admin

0

0

0

38

Central Management GP sues financial institutions and firms to determine lien rights and ownership in the Debtor's property and seeks for judgment on quantum meriut.

Read more

Creditors in AAC Bankruptcy Seek Declaratory Judgment Against Debtor’s Directors

January 25, 2021 admin

0

0

0

77

The creditors of American Achievement Corporation brought a lawsuit against its directors, alleging that the Defendants' tried to seize the control of the Debtors' corporate structure during COVID – 19 to profit from their senior positions and forced AAC into a transaction premised on a depressed valuation.

Read more

Consumer Advocacy Center Trustee Seeks to Recover Fraudulent Transfers Worth $4.8M From The Brea Financial Group, LLC, Alleging Student Loan Fraud

January 16, 2021 admin

0

0

1.02K

Trustee Sonya Salkin Slott, for Consumer Advocacy Center, Inc. brought lawsuits to recover fraudulent transfers from nine defendants owing to a fraudulent student debt relief scam.

Read more

CoBank Summoned For Return of Farmers Elevator’s “Preference Payments”

January 15, 2021 admin

0

0

826

Farmers Elevator Company Trustee seeks return of transfers worth $4M from CoBank.

Read more

After an Infringement Lawsuit, Infogroup, Inc. Brings Avoidance Action Against DatabaseUSA.Com

January 13, 2021 admin

0

0

599

Creditor Infogroup Inc., for and on behalf of the bankruptcy estate of DatabaseUSA.com LLC brings a high-value clawback lawsuit against Research USA LLC, Vinod Gupta and others.

Read more

24-Hour Fitness Worldwide, Inc. Sues Insurance Companies For Alleged Losses Incurred Due to COVID-19 Pandemic.

January 12, 2021 admin

0

0

584

24-Hour Fitness Worldwide, Inc. and its 10 affiliated debtors initiates lawsuit against nine insurance companies, alleging that the insurance companies are liable to cover the losses Debtors incurred in their business due to COVID-19 pandemic.

Read more