Eastman Kodak Company Bankruptcy – 50 Largest Unsecured Creditors
Eastman Kodak Company and 15 associated debtorsFN1 (the “Debtors”) filed voluntary petitions under Chapter 11 of the Bankruptcy Code on January 19, 2012 in the Bankruptcy Court for the Southern District of New York (Case No. 12-10202). The Honorable Allan L. Gropper has been assigned to the case. This initial note provides the Debtors’ consolidated list of their 50 largest unsecured creditors. »»» Read rest of article . . .
Buffets Restaurants Holdings – 40 Largest Unsecured Creditors
Buffets, Inc. and 15 associated debtorsFN1 (the “Debtors”) filed voluntary petitions under Chapter 11 of the Bankruptcy Code on January 18, 2012 in the Bankruptcy Court for the District of Delaware (Case No. 12-10237). The Honorable Mary F. Walrath has been assigned to the case. This initial note provides the Debtors’ consolidated list of their 40 largest unsecured creditors. »»» Read rest of article . . .
ManagedStorage International, Inc. Bankruptcy Preference Adversary Proceedings Filed
On on January 12, 2012 and January 13, 2012, Jeoffrey L. Burtch, Chapter 7 trustee in the ManagedStorage International, Inc. Bankruptcy, commenced Chapter 5 preferential transfer recovery litigation with the filing of 55 complaints in the District of Delaware. »»» Read rest of article . . .
Anderson News, LLC Bankruptcy Preference Adversary Proceedings
On on December 19, 2011, Anderson News, LLC, as debtor in possession, commenced Chapter 5 preferential transfer recovery litigation against multiple former suppliers in the District of Delaware. »»» Read rest of article . . .
Delaware Bankruptcy Judge Sontchi Holds Subsequent New Value Defense Not Reduced by Post Petition Payments
In a case of apparent first impression, U.S. Bankruptcy Judge Christopher S. Sontchi considers whether post-petition “critical vendor” payments of pre-petition claims reduced “new value”. Judge Sontchi holds that such post petition payments do not reduce the amounts available for the subsequent new value defense under 11 U.S.C. § 547(c)(4).
The Penn Traffic Company Plan Administrator Starts Bankruptcy Preference Adversary Proceedings
On from November 8 to November 17, 2011, WDC Solutions, Ltd., as Plan Administrator in the The Penn Traffic Company, et al. Bankruptcy, commenced Chapter 5 preferential transfer recovery litigation with the filing of 62 complaints in the District of Delaware . »»» Read rest of article . . .
Chapter 7 Trustee Starts BH S&B Holdings, LLC aka Steve & Barry’s Bankruptcy Preference Adversary Proceedings
On from November 8, 2011 to November 16, 2011, Robert L. Geltzer, Esq., as Chapter 7 Trustee in the BH S&B Holdings, LLC aka Steve & Barry’s Bankruptcy, commenced Chapter 5 preferential transfer recovery litigation with the filing of 79 complaints in the Southern District of New York. »»» Read rest of article . . .
CEI Liquidation Estate f/k/a Champion Enterprises, Home Builders Bankruptcy Preference Adversary Proceedings
On November 11, 2011 and December 12, 2011, Bruce H. Matson, Creditor Trustee of the CEI Liquidation Trust in the CEI Liquidation Estate f/k/a Champion Enterprises, Inc. Bankruptcy, commenced Chapter 5 preferential transfer recovery litigation with the filing of 232 complaints in the District of Delaware. »»» Read rest of article . . .
AC Liquidating Trust Starts Advanta Corp. Bankruptcy Preference Adversary Proceedings
On November 4, 2011, AC Liquidating Trust in the Advanta Corp. Bankruptcy, commenced Chapter 5 preferential transfer recovery litigation in the District of Delaware. The following is a summary of the proceedings. »»» Read rest of article . . .
Filene’s Basement, LLC and Syms Corp. Bankruptcies – Largest Unsecured Creditors Lists
Syms Corp. (“Syms”) and Filene’s Basement, LLC, (“Filene’s”) together with 2 associated debtors (the “Debtors”) filed voluntary petitions under Chapter 11 of the Bankruptcy Code on November 2, 2011 in the Bankruptcy Court for the District of Delaware. The Honorable Kevin J. Carey has been assigned to the case. The Debtors have moved to have the cases administratively consolidated under the Filene’s Basement, LLC case (Case No. 11-13511). However, each of the Debtors has filed its own, separate list of its largest unsecured creditors. This initial note provides the list of the 20 largest unsecured creditors for each of Filene’s and Syms. »»» Read rest of article . . .
