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.
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.
Gustech Communications Trustee Seeks to Recover $83k as Preference and Fraudulent Transfers from American Express Bank and Others, Says Debtor Paid Principal’s Credit Card Debt
Trustee Robert Anderson for the estate of Gustech Communications LLC charges American Express Bank and others under Sec. 547 and Sec. 548 of the Bankruptcy Code to set aside certain payments as preference or fraudulent conveyances.
Astria Health Demands $2M From a Leading Supplier of Health Care Information Technology Solutions Due to Alleged Gross Negligence and Intentional Misrepresentations
Recently, Plaintiff Astria Health brought an action against Defendants Cerner Corporation and Cerner RevWorks, LLC for gross negligence, breach of contract, breach of warranty, intentional misrepresentations and for return of transfers.
Shelton Brothers, America’s Influential Importer of Belgian and European Beers, Demands $500K From One of its Distributor For Allegedly Breaching a Contract
Plaintiff-Debtor Shelton Brothers Inc. accuses Defendant Longbow Distribution, LLC of a breach of contract and seeks to turn over the property of the estate under Sec. 542 (b) of the Bankruptcy Code.
Debtors’ Managers Allegedly Used Company’s Account to Pay Its Own and other Entities’ Personal Expenses, Trustee Brings a Fraudulent Conveyance Action
Trustee Daniel E. Straffi for the bankruptcy estate of Camp Harmony, Inc. accuses Defendant Public Service Electric & Gas Company for receipt of fraudulent transfers.
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.