CPI Preference Actions – Pretrial Conference Scheduled
As detailed in this prior post , on February 6, 2015, Charles A. ... Read full article
News Topic: Delaware attorney
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How does a landlord recover its administrative rent claim?
Section 365(d)(3) of the Bankruptcy Code requires the debtor-tenant to “timely perform all the obligations …. under any unexpired lease of nonresidential real property” until such time that the tenant assumes or rejects the lease. If a tenant files for ... Read full article
Minimizing Preference Exposure – Require Prepayment for Goods or Services
One question that clients often ask is what measures can be taken to reduce preferential exposure when dealing with a company that is sliding into financial insolvency. Under Section 547 of the Bankruptcy Code, a debtor or trustee can seek to avoid and ... Read full article
Capitol Infrastructure, LLC Preference Litigation
From April 22 – 24, 2014, Jeoffrey L. Burtch, Chapter 7 Trustee of the Capitol Infrastructure, LLC bankruptcy estates, filed approximately 71 complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the ... Read full article
Optim Chapter 11 Bankruptcy Case: 341 Meeting Scheduled for March 18, 2014
In the Optim Energy, LLC bankruptcy proceeding, the 341 Meeting of Creditors has been scheduled for March 18, 2014. The Section 341 Meeting will be held at the J. Caleb Boggs Federal Building, 844 King Street, Room 5209, Wilmington, DE 19801, at 1:00 ... Read full article
AFA Investment Preference Actions Filed
On March 28, 2014, AFA Investment Inc. filed approximately 125 complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the Bankruptcy Code, to disallow claims of the defendants pursuant to Section 502(d), ... Read full article
Capitol Infrastructure, LLC Preference Litigation
From April 22 – 24, 2014, Jeoffrey L. Burtch, Chapter 7 Trustee of the Capitol Infrastructure, LLC bankruptcy estates, filed approximately 71 complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the ... Read full article
AFA Investment Preference Actions Filed
On March 28, 2014, AFA Investment Inc. filed approximately 125 complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the Bankruptcy Code, to disallow claims of the defendants pursuant to Section 502(d), ... Read full article
Minimizing Preference Exposure – Require Prepayment for Goods or Services
One question that clients often ask is what measures can be taken to reduce preferential exposure when dealing with a company that is sliding into financial insolvency. Under Section 547 of the Bankruptcy Code, a debtor or trustee can seek to avoid and ... Read full article
Optim Chapter 11 Bankruptcy Case: 341 Meeting Scheduled for March 18, 2014
In the Optim Energy, LLC bankruptcy proceeding, the 341 Meeting of Creditors has been scheduled for March 18, 2014. The Section 341 Meeting will be held at the J. Caleb Boggs Federal Building, 844 King Street, Room 5209, Wilmington, DE 19801, at 1:00 ... Read full article