Monitor's Ch. 7 Estate Seeks $6M In Slew Of Clawback Suits

Law360, Wilmington (August 4, 2014, 7:51 PM EDT) -- The Chapter 7 trustee for the bankruptcy estate of once-powerful consulting firm Monitor Co. Group LP launched dozens of so-called avoidance actions in Delaware on Monday, looking to claw back a total of more than $6 million in alleged preferential transfers.

In roughly 130 filings that trickled into Delaware bankruptcy court Monday and most of Friday, trustee Alfred T. Giuliano sought to recover alleged preferential payments made during the 90-day period before the consulting firm filed for Chapter 11 protection in November 2012.

Monitor had its...
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