Lucky Bucks Ch. 7 Trustee's Fraud Suit Can Continue In Del.

By Vince Sullivan · April 3, 2024, 7:32 PM EDT

A Delaware bankruptcy judge on Wednesday allowed an adversary suit brought by the Chapter 7 trustee for Georgia-based gambling machine company Lucky Bucks Holdings LLC to move forward, saying the court...

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Bankruptcy Scorecard

Summary

Georgia-based coin gambling machine maker Lucky Bucks LLC filed for Chapter 11 in Delaware with $610 million in outstanding debt. It was later converted to a Chapter 7 liquidation.

Case Number

1:23-bk-10758

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$610 million

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Case Information

Case Title

Lucky Bucks Holdings LLC

Case Number

1:23-bk-10756

Court

Delaware

Nature of Suit

Date Filed

June 08, 2023