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Money Centers of America, Inc., et al.

  1. September 08, 2017

    Money Centers Judge Won't Drop Ex-CFO From 'Looting' Suit

    A Delaware bankruptcy judge on Friday denied a bid from a former executive of defunct casino cash services firm Money Centers of America Inc. to toss the liquidating trustee's allegations he and other top brass looted the company, ruling that his personal bankruptcy doesn't discharge the liability.

  2. March 13, 2017

    Money Centers Wins OK For Ch. 11 Plan After 'Difficult' Case

    A Delaware bankruptcy judge confirmed the Chapter 11 plan for defunct casino cash services firm Money Centers of America Inc. on Monday that ensures unsecured creditor recoveries by subordinating professional fees, producing a smooth landing for a case that came into court dogged by accusations of financial impropriety.

  3. March 01, 2017

    Money Centers Ch. 11 Court Says Tribes Out Of Jurisdiction

    A Delaware bankruptcy court found Tuesday it lacks jurisdiction over several Native American casinos that were targeted for avoidance actions in cash access provider Money Centers of America Inc.'s Chapter 11 proceeding.

  4. January 11, 2017

    Tribe Says Money Centers' Ch. 11 Plan Disclosures Lack Info

    The Turtle Mountain Band of Chippewa Indians took issue Wednesday with the disclosures in the Chapter 11 plan for defunct casino check-casher Money Centers of America Inc., arguing they contain insufficient information about how law governing tribal gaming operations could affect creditor recoveries.

  5. May 24, 2016

    Money Centers Trustee Chases $2.4M In Casino Payments

    Bankrupt casino check-cashing company Money Centers of America Inc.'s Chapter 11 trustee hit a batch of Native American tribes, tribal businesses and casinos with a series of adversary suits in Delaware federal court Monday, seeking to recover or avoid at least $2.47 million in transfers made to casino patrons.

  6. May 27, 2014

    Trustee Says Money Centers Must Liquidate

    Bankrupt casino check-cashing company Money Centers of America Inc. is headed toward liquidation after its court-appointed trustee concluded that a sale would not be doable, according to court papers filed Friday.

  7. April 23, 2014

    Judge Taps Trustee To Oversee Money Centers Ch. 11

    A Delaware bankruptcy judge on Wednesday granted a request by creditors of casino check-cashing firm Money Centers of America Inc. to have a Chapter 11 trustee appointed for ruling that the evidence of financial impropriety "overwhelmingly" supported the need for an outsider to steward the case.

  8. April 22, 2014

    Money Centers CEO Says Ch. 11 Trustee Would Hurt Recovery

    Bankrupt casino check-cashing firm Money Centers of America Inc.'s CEO and sole director said Tuesday that allegations of mismanagement from creditors hoping to have a trustee appointed were inaccurate and that the court's assignment of an outside overseer would only squash potential recoveries.

  9. April 21, 2014

    Money Centers Creditor Says Mismangement Warrants Trustee

    The creditor whose contract dispute in part drove casino check-cashing firm Money Centers of America Inc. to Chapter 11 tried to convince a Delaware bankruptcy judge Monday to appoint a trustee, saying the company has been fraught with "dishonesty and gross mismanagement."

  10. April 16, 2014

    Money Centers Decries Ch. 11 Trustee Bid, Wants Auction

    Money Centers of America Inc. and its senior secured lender pushed back against attempts to have a Chapter 11 trustee appointed in its Delaware bankruptcy case, arguing Thursday that do so would scuttle the proposal to sell the debtor's assets in a bankruptcy auction.