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  • In re: Boy Scouts of Am.

    Publication Date: 2023-12-18
    Practice Area: Bankruptcy
    Industry: Legal Services
    Court: U.S. Bankruptcy Court
    Judge: Judge Silverstein
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 20-10343 (LSS)

    Court denied ad hoc claimant committee's request for reimbursement of professional fees from the bankruptcy estate where its work appeared duplicative of the work performed by the estate and official committee of claimants and was contrary to facilitating resolution of an official committee's internal disputes.

  • In re: Live Well Fin., Inc.

    Publication Date: 2023-06-27
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking
    Court: U.S. Bankruptcy Court
    Judge: Judge Silverstein
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 19-11317 (LSS)

    Unlawful stock repurchase and constructive fraudulent conveyance claims against former director failed where plaintiff had failed to plead sufficient facts demonstrating that it should have been clear to the director that the company was insolvent and therefore approving stock repurchases and director fees was unsupported by the company's impaired capital.

  • In re: F-Squared Inv. Mgmt., LLC

    Publication Date: 2021-08-25
    Practice Area: Bankruptcy
    Industry: Investments and Investment Advisory
    Court: U.S. Bankruptcy Court
    Judge: Judge Silverstein
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69513

    Certain tax distributions made by debtor were for reasonably equivalent value, so the court granted defendants' motion for summary judgment against the trustee's fraudulent transfer claims.

  • In re Rent-A-Wreck of America, Inc.

    Publication Date: 2018-02-28
    Practice Area: Bankruptcy
    Industry: Automotive
    Court: U.S. Bankruptcy Court
    Judge: Judge Silverstein
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D68059

    Debtors were not in financial distress, and their primary motivation in filing for bankruptcy was to gain a tac-tical advantage in another matter, so they were not entitled to bankruptcy relief.