Articles tagged with: Monaco Coach Corporation

Reports, Articles, Motions, Opinions Concerning MCC f/k/a Monaco Coach Corporation Bankruptcy Preferential, Fraudulent Transfer Avoidance Adversary Proceeding Litigation

Monaco Coach Corporation – Mass Preference Claims Still Several Months Away But Coming

Update:  The long anticipated preference claims were filed on March 4, 2011.  To see a discussion of these preference claims click this link.

On March 5, 2009 (the “Petition Date”), the Monaco Coach Corporation and 12 related entities[FN1] commenced these cases by filing voluntary petitions for relief under chapter 11 the Bankruptcy Code.  As of June 4, 2009, the Debtors closed the sales of their luxury motorhome resort and core manufacturing assets. That same day, the Debtors’ authorization to use cash collateral expired. Without a source of cash to fund post-petition administrative expense, the Debtors quickly moved to convert the cases to Chapter 7.   The cases were converted on June 30, 2009.