Empire Land Trustee Unleashes Avoidance Actions

Law360, New York (April 22, 2010, 1:36 PM EDT) -- The Chapter 7 trustee for bankrupt development company Empire Land LLC has launched a spate of adversary cases looking to recover funds the debtors transferred out before the April 2008 petition date, including one case seeking to get back more than $180,000 from law firm Wood Smith Henning & Berman LLP.

Lawyers for Richard K. Diamond — the Chapter 7 trustee for Empire Land and seven other debtors whose cases have been substantively consolidated — filed the complaint against Wood Smith in the U.S. Bankruptcy Court...
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