September 1, 2020, California –  Recently, the plaintiffs in the bankruptcy case of Verity Health System of California Inc., et al ( the “Debtors”) initiated more than 300 adversary proceedings against several defendants to set aside and recover alleged “preferential transfers” for the benefit of the Debtors’ estate. According to …

August 25, 2020, Colorado – Eric Wagenknecht and his wife, Susan Colbert, filed for relief under Chapter 13 of the Bankruptcy Code on January 19, 2016. The case got converted to Chapter 7 on April 28, 2017. Jared Walters was appointed as the Chapter 7 trustee for the estate. Prior …

August 14, 2020, New York – Last week, Hooper Holmes, Inc. Liquidation Trust (the “Plaintiff” or the “Trust”) initiated more than twenty (20) adversary proceedings in the Hooper Holmes, Inc. d/b/a Provant Health, et al. (the “Debtors”) bankruptcy case. Hooper Holmes, Inc. is a national health risk assessment provider in …

August 11, 2020, New York – Last week, the former shareholders, officers and directors of a bankrupt footwear and apparel company, Nine West Holdings Inc., (“Debtor”) filed a motion to dismiss to end a $1.5 billion lawsuit initiated by the Nine West litigation trust, pursuant to the safe harbor of …

August 6, 2020, Western District of Texas – Little River Healthcare Holdings LLC, the operator of two rural hospitals in Texas and other healthcare-related centers recently initiated more than 80 lawsuits against several creditors seeking to recover preferential transfers of property that occurred during the ninety (90) day period before …

August 3, 2020, Northern District of Texas – Dennis Faulkner, the trustee of the Reagor Dykes Auto Group Creditors Liquidating Trust for the Debtors Reagor Dykes Motors, LP, et al recently initiated a lawsuit against Defendant AimBank in the U.S. Bankruptcy Court for the District of Northern Texas. The Trustee …

August 1, 2020, Central District of Illinois – Defendant, a radiologist, is a former employee and shareholder of a Debtor. The Defendant began working for the Debtor in 2003. He became a shareholder in 2005 and remained a shareholder until April 2012, at which time he sold his shares in …

May 7, 2020, Massachusetts – Gary W. Cruickshank, Chapter 7 Trustee for the bankruptcy estate of Debtor DebBlast Fitness Group, LLC (“BFG”), brought lawsuits against forty named and dozens of unnamed defendants, including Dixon Family Limited Partnership (the “Partnership”), a Delaware limited partnership whose general partner was a Defendant, Harold …

April 20, 2020, Souther District of New York – Marianne T. O’Toole, the Chapter 7 Trustee for the estate of Michael P. DAlessio (the “Debtor”) recently initiated adversary proceedings against an Indian casino, his accountant and his brother-in-law seeking to clawback nearly $1.2 million that the doomed fraudster allegedly paid them. …

April 6, 2020, Southern District of Texas, Houston – Joshua Searcy, the Plan Administrator of the estate of Debtor EMAS Chiyoda Subsea, Inc. (“EMAS Subsea”) brought an adversary proceeding against Defendant Pharma-Safe Industrial Services, Inc. (“Pharma-Safe”) to avoid and recover a $39,168.32 payment under 11 U.S.C. §§ 547 and 550. Pharma-Safe …

April 2, 2020, Southern District of New York – Bernie Madoff investor, James Greiff urged a New York bankruptcy court to stay an upcoming trial on whether the Madoff trustee can clawback $2.8 million that Grieff allegedly received from the convicted scammer. The investor requested for a stay on the …

March 6,2020, Southern District of New York – Recently, William K. Harrington, the United States Trustee for the Barney’s New York estate (“Debtors”) filed an objection to the request made by a liquidator of the Debtors’ assets regarding its standing to clawback payments made by the bankrupt retail chain. The …