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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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More than 80 Adversary Proceedings Filed in Little River Healthcare Holdings, LLC, et al

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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A Preference Transfer Made for a Labor Contract May Invoke New Value Defense Only When “Work” Begins After a “Preference”

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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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 …

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Worley & Obetz Trustee Seeks to Hire Karalis PC to Determine the Timing and Purpose of Alleged Preference and Fraudulent Transfers

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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Transfer of Money From a Debtor’s Creditor to Pay Off the Debtor’s Debt Was Not a Preference Because the Funds Were Earmarked

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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