On on September 21, 2011 and September 22, 2011, MCTS2 in the Velocity Express, Inc. Bankruptcy, commenced Chapter 5 preferential transfer recovery litigation with the filing of 79 complaints in the District of Delaware.
Adversary Proceedings Overview
Lead Bankruptcy Case Name (Case Number): Velocity Express, Inc. (09-13294)
Bankruptcy Court District (Division): District of Delaware
Petition Date: September 24, 2009
Associated Cases: Click this link for a listing of the 13 associated Debtors.
Plaintiff: MCTS2
Number of Proceedings: 103
When Filed: from September 21, 2011 to September 23, 2011
Adversary Proceeding Judge: U.S. Bankruptcy Judge Mary F. Walrath
Plaintiff's Counsel: Sullivan Hazeltine Allinson LLC (Wilmington, DE) attorney William David Sullivan
Avoidance Period: The complaint identifies the preference period as the period "[o]n or within ninety (90) days immediately prior to the Petition Date".
Related Materials:
- Velocity Express Bankruptcy – Professionals Dominate 30 Largest Unsecured Creditors
- Velocity Express Bankruptcy – Debtors, Petitions, Background Information
- CADDJ APScans Report of Complaints, Answers, Dismissals, Defaults and Judgments in the Velocity Express, Inc. Bankruptcy Preferential Transfer Recovery Adversary Proceedings
- To see a current APScans report of substantive filings made in the last 7 days, click this link.
- Sample Complaint in the Velocity Express, Inc. Bankruptcy Adversary Proceedings