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ARTICLE · 30 NOVEMBER 2015

RadioShack Preference Litigation UPDATE

As detailed in this previous post, the Liquidating Trustee appointed to prosecute preference actions in the RadioShack bankruptcy proceeding filed approximately 383 preference actions in late October and early November of this year.

United StatesInsolvency/Bankruptcy/Re-Structuring

As detailed in this previous post, the Liquidating Trustee appointed to prosecute preference actions in the RadioShack bankruptcy proceeding filed approximately 383 preference actions in late October and early November of this year. Through these complaints, the Liquidating Trustee seeks to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the Bankruptcy Code, and to disallow claims pursuant to Section 502(d).

Since the filing of these actions, a pretrial conference for these actions has been scheduled.  The pretrial conference is set for December 16, 2015 at 11:00 AM to be held at the United States Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Moreover, the Liquidating Trustee filed a Motion for Orders Establishing Streamlined Procedures Governing Adversary Proceedings, which will impact among other things various procedural aspects of the case. The deadline to object to this motion is Monday,

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