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Our bankruptcy practice is devoted primarily to representing defendants of preference and fraudulent conveyance actions under Sections 547 and 548 of the Bankruptcy Code. Read More…

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We have deep knowledge of preference and fraudulent conveyance defense litigation. This means reviewing and analyzing hundreds of preference and fraudulent conveyance judicial opinions issued each and every year. Read more…

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We limit our practice to defending preference and fraudulent conveyance claims. Our dedication works and we can prove it. We represented a nationally known brand, a sportswear manufacturer ... Read More…

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Trustee Janet Northrup Initiates Preference Lawsuits in Bennu Oil & Gas, LLC Bankruptcy Case

November 27, 2018 – Janet S Casciato-Northrup, the Chapter 7 Trustee in Bennu Oil & Gas, LLC bankruptcy recently initiated about thirty (30) preference actions against various defendants, seeking the avoidance and recovery of allegedly preferential and fraudulent transfers under Sections 547, 548 and 550 of the Bankruptcy Code. Two …

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A Defendant Individual Could Not Hide Behind Corporate Fictitious Name to Avoid Potential Liability for Prepetition Transfers

November 29, 2018, Northern District of Texas – Debtor BFN Operations LLC ran a profitable wholesale nursery business until 2016  when unanticipated inclement weather damaged its plant inventory and led to reduced sales. At the same time, the Debtor faced a prescheduled reduction in its pre-petition credit agreements borrowing base. …

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Delaware Bankruptcy Court : It is Improper for a Plaintiff to Raise Allegations for the First Time in His Opposition Brief to a Motion to Dismiss

November 14, 2018, Delaware – On January 27, 2016, Debtors Liquid Holdings Group, Inc. and Liquid Prime Holdings, LLC filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code. Before the Petition Date, Debtors and Defendant Gibson Dunn & Crutcher LLP entered into business agreements, under which the …

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Fact Issues As To Whether the Payment Constitutes a Preferential Transfer Under § 547 Because It Allowed Defendant to Receive More Than It Would Under a Chapter 7 Liquidation and Whether The Earmarking Doctrine applies Precluded Summary Judgment in Favor of Plaintiff

November 7, 2018, Puerto Rico – The adversary proceeding was brought before the court upon the plaintiff’s motion for summary judgment filed by the Chapter 7 Trustee for the Debtor Jesus Joel Barreto against a Defendant bank, Cooperativa de Ahorro y Crédito de Aguadilla. On September 5, 2014, the Debtor …

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A Defendant Cannot Establish an Industry Practice On the Evidence of What Only a Small Minority of Companies Are Doing

November 2, 2018, Eastern District of Louisiana –  H. Kenneth Lefoldt, the Trustee of the Debtor Whistler Energy II, LLC Litigation Trust, brought a complaint against Defendant Tetra Applied Technologies, LLC to recover transfers worth $595,603.98 that were made in the 90 days before the filing of the bankruptcy petition …

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Dismissed For No Payment

November 19, 2018, Northern District of Texas – The Debtors collectively operated a nursery under the name Zelenka Farms. Zelenka was one of the nation’s largest wholesale growers and distributors of container-grown shrubs, trees, perennials, roses, and groundcovers. Our client, the Defendant is a small family nursery engaged in the …

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Dismissed For No Payment

November 13, 2018, Eastern District of Virginia – The Debtors, Health Diagnostics Laboratory, Inc (HDL), is a full-service clinical laboratory that has integrated its laboratory functions with disease management activities as a means of providing tools for practitioners to design and implement personalized plans of care for their patients. Our …

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Dismissed For No Payment

November 12, 2018, Northern District of Texas – The Debtors collectively operated a nursery under the name Zelenka Farms. Zelenka was one of the nation’s largest wholesale growers and distributors of container-grown shrubs, trees, perennials, roses, and groundcovers. The Defendant, our client, is a company engaged in the business of transportation …

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Dismissed For No Payment

June 23, 2018, Southern District of Texas – The Debtor, Brougher Inc, dba Forge USA, provided steel forging products and services online. The Defendant, our client, was engaged in the manufacturing of machinery and equipment for use in oil and gas fields. Our client had sold two ingots to the …

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SIPA Trustee Files 28th Interim Fee Application with the United States Bankruptcy Court for the Southern District of New York towards work on the Global liquidation of BLMIS

 November 5, 2018, Southern District of New York – SIPA Trustee Irving Picard and his counsel at Baker Hostetler filed their 28th Interim Fee Application with the United States Bankruptcy Court for the Southern District of New York for their work on the global liquidation of BLMIS from April 1, …

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