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…
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…
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…
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 …
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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 …
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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 …
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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 …
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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 …
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July 3, 2019, Eastern Pennsylvania– Trustee Christine Shubert for the bankruptcy estate of Worley and Obetz, Inc., a total energy provider, continues to recoup millions of dollars allegedly drained from the company. According to the Trustee, former Worley & Obetz CEO and others created nearly $2B in fake revenue as …
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June 1, 2019, Puerto Rico– The Financial Oversight & Management Board (FOMB) for Puerto Rico recently filed several claims against bondholders of the Employees Retirement System (ERS) to recover approximately $392 million in aggregate payments. The FOMB also sued the government suppliers to the ERS and Highways & Transportation Authority …
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May 19, 2019, New York – Sears Holdings Corp is urging a New York bankruptcy judge to reject an attempt to bring the company to a Canadian court to clawback more than $194 million in dividends it received from Sears Canada. Sears Holdings Corp wants the dispute to be settled …
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May 13, 2019, New York – JPMorgan Chase Bank, N.A., and other financial institutions have finally agreed to settle with Wilmington Trust Company, solely in its capacity as trust administrator and trustee of the Motors Liquidation Company Avoidance Action Trust (the “AAT”), as established under the Debtor General Motors’ second …
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September 7, 2018, Northern District of Texas – Debtor Dependable Auto Shippers, Inc. (“DAS”) was a vehicle transport company that contracted both with individuals and with corporate customers. Individual customers paid DAS when they hired the company to transport their vehicles but DAS would bill corporate customers, issuing invoices payable …
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Jones & Associates We Fight Bankruptcy Clawbacks