Nellson Files 150 Suits Seeking Repayment

Law360, New York (January 25, 2008, 12:00 AM EST) -- Bankrupt diet bar maker Nellson Nutraceutical Inc. has begun a widespread effort to recover payments it made just before its Chapter 11 filing, targeting some 150 companies with adversary proceedings.

Filed over the past few days in the U.S. Bankruptcy Court for the District of Delaware, the suits demand the repayment of transfers made in the days leading up to Nellson's January 2006 bankruptcy filing.

In one of the suits, Nellson names California-based Mission Flavors & Fragrances Inc. and seeks the return of $118,115.70.

In another,...
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