Circuit City Trustee Attacks Millions In Claim Bids

Law360, New York (November 5, 2010, 7:01 PM EDT) -- The U.S. trustee overseeing Circuit City Stores Inc.'s bankruptcy has challenged millions of dollars in claims related to agreements for goods and services that creditors want to recover, arguing that the requests are “overstated” and should be slashed or nixed entirely.

In a slew of adversary proceedings launched Friday in the U.S. Bankruptcy Court for the Eastern District of Virginia, U.S. Trustee Alfred H. Siegel took aim at a wide swath of big-name creditors, including Targus Inc., The Learning Channel Inc., COKeM International Ltd., and Intec...
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