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Friday, November 12, 2021

Welcome to the Bankruptcy
Today Newsletter.

Your daily access to recent significant Chapter 11 case filings, relevant restructuring news and samples of some of our current distressed company profiles.

Featured Recent Filings


CourtFiledDebtorCase NoAttorneyAssetsLiabilities
E.D.N.Y.11/11/2021139-58th St LLC21-42840Charles Wertman$1M-$10M$1M-$10M
S.D. Tex.11/11/2021152812 Canada Inc.21-90025Matthew D. Cavenaugh$10M-$50M$1B-$10B
S.D. Tex.11/11/2021Carlson Travel Holdings, Inc.21-90018Matthew D. Cavenaugh$1B-$10B$1B-$10B
S.D. Tex.11/11/2021Carlson Travel, Inc.21-90017Matthew D. Cavenaugh$1B-$10B$1B-$10B
S.D. Tex.11/11/2021Carlson Wagonlit eCenter Polska sp. z o.o21-90019Matthew D. Cavenaugh$1M-$10M$1B-$10B
S.D. Tex.11/11/2021CCI Travel Coöperatief U.A.21-90020Matthew D. Cavenaugh$1B-$10B$1B-$10B
S.D. Tex.11/11/2021CW Travel Canada, Ltd.21-90022Matthew D. Cavenaugh$10M-$50M$1B-$10B
S.D. Tex.11/11/2021CWT B.V.21-90024Matthew D. Cavenaugh$100M-$500M$1B-$10B
S.D. Tex.11/11/2021CWT Beheermaatschappij B.V.21-90026Matthew D. Cavenaugh$1B-$10B$1B-$10B
S.D. Tex.11/11/2021CWT Belgium Srl21-90028Matthew D. Cavenaugh$10M-$50M$1B-$10B
S.D. Tex.11/11/2021CWT Canada21-90029Matthew D. Cavenaugh$10M-$50M$1B-$10B
S.D. Tex.11/11/2021CWT Finland Holdings Oy21-90016Matthew D. Cavenaugh$10M-$50M$1B-$10B
S.D. Tex.11/11/2021CWT Travel B.V.21-90023Matthew D. Cavenaugh$1B-$10B$1B-$10B
S.D. Tex.11/11/2021CWT Travel Services Global España S.L.U.21-90021Matthew D. Cavenaugh$10M-$50M$1B-$10B
S.D. Tex.11/11/2021CWT UK Group Ltd21-90027Matthew D. Cavenaugh$100M-$500M$1B-$10B
S.D. Tex.11/11/2021CWT US Holding I, LLC21-90030Matthew D. Cavenaugh$500M-$1B$1B-$10B
S.D. Tex.11/11/2021CWT US Holding II, LLC21-90032Matthew D. Cavenaugh$100M-$500M$1B-$10B
S.D. Tex.11/11/2021CWT US, LLC21-90034Matthew D. Cavenaugh$1B-$10B$1B-$10B
S.D. Tex.11/11/2021SapoToro B.V.21-90031Matthew D. Cavenaugh$0-$50K$1B-$10B
S.D. Tex.11/11/2021WorldMate, LLC21-90033Matthew D. Cavenaugh$10M-$50M$1B-$10B

View All Filings
Featured Article


One Bankruptcy Court’s Analysis of a Motion to Dismiss Avoidance Claims: The Analytical Framework

A federal judge recently allowed a trustee’s preferential transfer claim against a law firm to proceed but dismissed a constructive fraudulent transfer claim. The decision highlights the pleading standards and analytical framework for motions to dismiss such claims. Insys Liquidation Trust v. Urquhart (In re Insys Therapeutics Inc.), Case No. 19-11292, Adv. No. 21-50359, 21 Bankr. LEXIS 2965 (JTD) (Bankr. D. Del. Oct. 28, 2021).

The debtors had paid the law firm $90,000 in the 90 days before the chapter 11 filing. The liquidation trustee sued the firm to void the transfers and recover the fees. The firm moved to dismiss, alleging the complaint failed to state a claim upon which relief could be granted under Federal Rules of Bankruptcy Procedure 7008 and 7012.

Read the full article

Patterson Belknap Webb & Tyler LLP by Daniel A. Lowenthal. Published November 11, 2021.

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