Articles tagged with: PPI Holdings Inc. (MPI International Holdings)

Reports, Articles, Motions, Opinions Concerning PPI Holdings, Inc. Bankruptcy Preferential, Fraudulent Transfer Avoidance Adversary Proceeding Litigation

PPI Holdings, Inc. (MPI International) Mass Bankruptcy Preference Recovery Filings Signal Start of Tsunami of Preference Actions in Automotive Supply Sector

On December 9 and 10 , 2010,  the Official Committee of Unsecured Creditors of PPI Holdings, Inc. and 7 associated debtors (the “Debtors”) started its bankruptcy preference recovery efforts with by filing 182 complaints.  The PPI Holdings preference actions are the leading edge of a tsunami of avoidable transfer recovery actions that are going to hit the automotive sector as the legacy from the Section 363 sales that dominated the sector bankruptcies in 2009.