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…

Home / Case News

Case News

Et ullamcorper sollicitudin elit odio consequat mauris, wisi velit tortor semper vel feugiat dui, ultricies lacus. Congue mattis luctus, quam orci mi semper

US Trustee Objects to Barney Buyers’ Motion Seeking Leave for Commencement and Prosecution of Clawback Actions

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 …

Read More »

More than Ten Years Into the Infamous Madoff scam – Thousands of People Still Picking Up the Pieces

March 1, 2020, New York – Yesterday, Irving H. Picard, Securities Investor Protection Act (SIPA) Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS) announced the commencement of eleventh pro rata interim distribution from the customer fund to eligible BLMIS customers. The SIPA Trustee is distributing approximately …

Read More »

Debtor Cannot State a Cause of Action Under Either §§ 544 or 547, Where No Transfer Has Occurred

February 25, 2020, Eastern District of Pennsylvania–Debtor Anthony R. Petitio brought a complaint against the Defendant Deutsche Bank Nat’l Trust Co to avoid the bank’s security interest in the Debtor’s home as fraudulent transfer under Bankruptcy Code § 544 and as preferential transfer under § 547. Earlier in 2005, the …

Read More »

Sears Holdings Continues to File Hundreds of Clawback Suits     

February 14, 2020, New York –Earlier this month, Chapter 11 Debtors, Sears Holdings Corporation, et al (“Debtors”) filed more than 400 preference complaints to recover money from paid pre-petition creditors. The Debtors are continuing to file more and more adversary proceedings with each passing day. The filings of these clawback lawsuits …

Read More »

Plaintiff Fails To Prove Its Burden Under § 523(a)(6) and 523(a)(2)(A) To Establish Non-Dischargeability

January 10, 2020, Florida – Plaintiff Creal Dallas, LLC (“Creal”) sued Defendant-Debtor Asbel Viciedo (“Debtor”) objecting to the dischargeability of a debt under 11 U.S.C. §§ 523(a)(2)(A) and 523(a)(6). The Debtor owned and operated a business called “Only Used Trucks.” The corporate name of the business was Hammerhead Motors LLC …

Read More »

Pennsylvania Court – What May Constitute Property for Purposes of Entitlement to Due Process Protections Does Not, However, Govern Whether It is Property For Other Purposes Under State Law

January 4, 2020, Eastern District of Pennsylvania– On December 20, 2006, the Pennsylvania Gaming Control Board awarded one of two slot machine licenses to a Debtor. Due to unexpected delays and the inability to secure financial backing, the Debtor was not able to open its casino within one year, as …

Read More »