Trustee Edward E. Neiger of the Achaogen Plan Trust, formed in connection with the bankruptcy case of Achaogen, Inc, initiated adversary proceedings against approximately forty-two defendants last week.
Deposit Funds Held by a Non-Debtor Third Party Under Its Sole Control is Not An Estate Property, Alleges Plaintiff in Figueroa Mountain Brewing Bankruptcy Case
Plaintiff Pacific Beverage Company sues a private equity and debt investment firm to seek a declaratory judgment under Sec. 541 of the Bankruptcy Code in the bankruptcy case of Figueroa Mountain Brewing, LLC.
O.K. Cargo Corp Trustee Charges Insiders for Allegedly Diverting Debtor’s Money to Pay Their Personal Expenses and Non-Debtor Debts
Trustee Drew M. Dilworth sues Defendants DFS Services, LLC and Discover Bank, alleging that the insiders allegedly diverted the Debtor’s monies to pay their personal expenses as well as debts of their other companies from the Debtor's account.
Debora A. Casey, the Chapter 7 Trustee of the bankruptcy estate of F&B Enterprises, Inc. brings an action to avoid a lien asserted by Travelers Indemnity Company and preserve such lien for the estate.
The plaintiffs in the bankruptcy case of Verity Health System of California Inc., et al brings 300 clawback lawsuits to set aside and recover alleged preferential transfers for the benefit of the Debtors’ estate.