Articles tagged with: Orleans Homebuilders Inc.

Reports, Articles, Motions, Opinions Concerning Orleans Homebuilders, Inc. Bankruptcy Preferential Transfer Avoidance Adversary Proceeding Litigation

Orleans Homebuilders, Inc. Unsecured Creditor Agent Starts Bankruptcy Preference Adversary Proceedings

On February 16, 2012, J.H. Cohn, LLP, as Unsecured Creditor Agent in the Orleans Homebuilders, Inc. Bankruptcy, commenced mass Chapter 5 preferential transfer recovery litigation in the District of Delaware.   The proceedings add insult to injury.  Each defendant now knows that the Debtors chose not to invoke the reorganization plan’s “Litigation Protocol” to stop the the avoidance action against it.