WHO WE ARE

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…

WHAT WE DO

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…

ABOUT OUR EXPERTISE

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…

SunEdison Trustee Seeks to Clawback $17M from a Logistic Company

April 12, 2019, Southern District of New York – Last week, the trustee liquidating the estate of SunEdison, Inc. initiated an adversary proceeding against a logistics company – Expeditors International in the New York bankruptcy court seeking to clawback $17 million in payments that SunEdison made to the defendant on …

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CRS Trustee Wins $4.5M Clawback Against Wells Fargo Bank

March 3, 2019, New York – Last week, in a fraudulent conveyance action, the bankruptcy court for the Southern District of New York allowed Corporate Resource Services (CRS) Trustee to recover $4.1 million on fees the debtor CRS paid to a defendant bank as constructively fraudulent transfers. The Debtor comprised …

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Split Sixth Circuit – Greektown Casino’s Trustee Cannot Seek to Recover Nearly $177 Million From Sault Ste. Marie Tribe of Chippewa Indians Pursuant to Tribal Immunity From the Bankruptcy Code

February 26, 2019, Michigan–  On February 26, 2019, the Sixth Circuit Court of Appeals – which has jurisdiction over Michigan, Ohio, Kentucky and Tennessee – upheld the decision of a federal court in Michigan, which ruled that Congress did not clearly, and unequivocally abrogate Native American tribes’ sovereign immunity from …

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Second Circuit Allows Madoff Trustee to Pursue Fraudulent Transfer Claims Against Foreign Entities Who Invested with Madoff Securities Through Overseas “Feeder Funds”

25 February, 2019, New York–  Bernard L. Madoff Investment Securities LLC (“Madoff Securities”) allegedly transferred billions of dollars to foreign investors, involving the feeder funds. These feeder funds, the initial transferees of the funds, subsequently transferred it to other foreign investors (subsequent transferees), a group that includes the hundreds of …

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A Defendant’s Citation Lien Affecting Personal Property of the Debtor May Constitute an Avoidable Transfer Within Meaning of the Bankruptcy Code

21 February 2019, Northern District of Illinois – Defendant was a prior part owner of the Debtor, Neighborhood Barre, LLC. The Defendant obtained a judgment against the Plaintiff and co-obligors in the Circuit Court for $282,812.95. Subsequently, the Defendant commenced supplementary proceedings by serving a citation to discover assets upon the Plaintiff. Under …

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