Since the time of my last post, Alan D. Halperin, the Trustee of the FBI Wind Down, Inc. Liquidating Trust has filed 93 more preference complaints. Because the Debtor filed for bankruptcy on September 9, 2013, the Trustee has only two more weeks to file any additional preference complaints.
While we cannot be certain that these are the final preference complaints that will be filed in this case, the clock is ticking.
Prior posts about FBI:
Furniture Brands Files for Bankruptcy in Delaware Seeking to Sell Assets
Furniture Brands International – Preference Litigation has Begun
Furniture Brands International – Preference Litigation Update
For reader's looking for more information concerning claims and defenses in preference litigation, linked is a booklet I co-authored on the subject: "A Preference Reference: Common Issues that Arise in Delaware Preference Litigation."
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
