February 3, 2022, Western District of North Carolina – Plaintiff Trustee A. Burton Shuford for the bankruptcy estate of Debtor JTR1, LLC commences a legal action against fourteen (14) defendants to recover nearly $22 Million in alleged fraudulent transfers under Sections 544 of the Bankruptcy Code and Carolina state laws. Out of the fourteen defendants, six have been sued for claims amount over $500k in alleged transfers.
| Adversary Proceeding | Defendant | Claim Amount |
| 22-03016 | RJC Financial, LLC | 7,891,538.20 |
| 22-03009 | CrossCredit Capital, LLC | 3,986,353.00 |
| 22-03018 | BJS Insurance, LLC & JJM, LLC | 3,772,354.00 |
| 22-03017 | TMC Financial, LLC | 863,161.75 |
| 22-03013 | Etaros Actuarial Services LLC | 732,377.94 |
The case is In re JTR1, LLC, bearing Case Number 20-30141, filed on February 6, 2020, and pending in the United States Bankruptcy Court for the Western District of North Carolina. Honorable J. Craig Whitley oversees the Debtor’s bankruptcy case, and the law firm of Hamilton Stephens Steele Martin PLLC represents the Trustee.
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