This APScans is a report of the complaints, answers (and other responsive pleadings), dismissals, defaults and judgments (“CADDJ”) in the Lang Holdings, Inc. adversary proceedings for recovery of avoidable transfers under Chapter 5 of the Bankruptcy Code, including preferential transfers under Section 547 (bankruptcy preferences) brought by George L. Miller, Chapter 7 Trustee. This report is a litigation status report and does not report filings between these CADDJ events.
APScans Tags: The CADDJ Report uses complex algorithms in an attempt to identify filings in each of the categories of complaints, answers (and other responsive pleadings), defaults, dismissals and judgments. No assurance is given that the nature of each docket entry will be identified correctly.
Not For Individual Docket Monitoring: Pre-applied filters may eliminate important notices and certificates. A party to an adversary proceeding must not consider APScans to be a substitute for reviewing the docket of the proceeding in which it is a defendant.
This APScans covers filings ENTERED during the period from January 1, 2010 date through Thursday, November7, 2013. -
Adversary Proceedings Overview
Lead Bankruptcy Case Name (Case Number): Lang Holdings, Inc. (09-12543)
Petition Date: Chapter 11 petitions were filed on July 16, 2009; the cases were converted on November 25, 2009
Bankruptcy Court District (Division): District of Delaware
Associated Debtors: The Associated Debtors are: LH Winddown, Inc. (f/n/a Lang Holdings, Inc.); LH Winddown Sub 1, Inc. (f/n/a/Turner Acquisition, Inc.); LH Winddown Sub 2, Inc. (f/n/a Avalanche Publishing Acquisition, Inc.); LH Winddown Sub 3, LLC (f/n/a The Lang Companies, LLC); LH Winddown Sub 4, Inc. (f/n/a Avalanche Publishing, Inc.); and LH Winddown Sub 5, Ltd. (f/n/a the Lang Store, Ltd.)
Plaintiff:George L. Miller, Chapter 7 Trustee
Number of Proceedings: 36
When Filed:on July 15, 2011
Adversary Proceeding Judge: Chief U.S. Bankruptcy Judge Kevin J. Carey
Plaintiff's Counsel:Ciardi Ciardi & Astin, P.C. (Wilmington, DE) through its attorney Shannon D. Leight
Avoidance Period: The complaint identifies the preference period as the period "[o]n or within 90 days prior to the Petition Date".
The complaints do not meet the pleading standard previously applied by Judge Carey. However, the Trustee has taken extra effort to plead facts (including an attempt to incorporate the first day motion declaration) regarding the nature of the Debtors' business and its relationship with trade creditors. For this reason, it is unclear whether the Trustee is engaging in a "plead thin and amend" strategy or is trying to carve out a new pleading standard for preference complaints based on inference of antecedent debt solely from pleading the debtors' relationship with the defendants. A "plead thin and amend" strategy would require the Trustee to have access to the facts necessary to amend the complaints to identify the antecedent debts. Given the factual background of the Debtors' bankruptcy cases, there is reason to doubt that the Trustee has access to this information. Motions to dismiss in these adversary proceedings deserve close attention.
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