Try our Advanced Search for more refined results
Transmar Commodity Group Ltd.
Case Number:
1:16-bk-13625
Court:
Nature of Suit:
Firms
- Benesch
- Cadwalader Wickersham
- Klestadt Winters
- Luskin Stern
- McDermott Will & Emery
- Morgan Lewis
- Munsch Hardt
- Paul Hastings
- Pellis Law
- Platzer Swergold
- Price Meese
- Riker Danzig
- Sidley Austin
- Stroock & Stroock
- Tarter Krinsky
- Windels Marx
- Winston & Strawn
Companies
- ABN AMRO Bank NV
- AMERRA Capital Management LLC
- BNP Paribas SA
- Deloitte Touche Tohmatsu Ltd.
- Societe Generale
Government Agencies
Sectors & Industries:
-
December 19, 2018
Ch. 7 Trustee Seeks To Recover Ex-Transmar Exec's Wages
The Chapter 7 trustee for defunct cocoa company Transmar Commodity Group Ltd. filed suit in New York bankruptcy court Wednesday to claw back $1.5 million from a convicted former executive and roughly $860,000 from entities that may have played a role in the $350 million fraud scheme that destroyed Transmar.
-
March 13, 2018
Cocoa Seller Can't Probe Other Transmar Creditor In Ch. 7
A New York bankruptcy judge on Tuesday denied efforts by Dutch cocoa products trader Theobroma BV to serve discovery requests on a fellow creditor in the Chapter 7 case for Transmar Commodity Group Ltd., calling it an improper attempt to build a lawsuit against the other third party.
-
March 09, 2018
Transmar Cocoa CEO, Son Plead Guilty To $400M Bank Fraud
A father and son pled guilty Friday in New York federal court to defrauding a group of lenders through false "borrowing base" reports designed to secure a $400 million line of credit for their cocoa trading company, Transmar Commodity Group Ltd., and face a maximum of 30 years in prison.
-
January 12, 2018
Big Banks Sue Bankrupt Cocoa Firm Claiming Financial Fraud
Amro, Société Générale, BNP Paribas and five other global banks with commodities operations have sued eight executives of bankrupt cocoa firm Transmar Commodity Group Ltd. in New Jersey federal court, claiming the struggling firm gave the banks false information about its financial condition as it sought to enter into a $360 million credit agreement.
-
October 03, 2017
Transmar Ordered To Hand Over Docs On $8.2M In Lost Cocoa
A New York bankruptcy judge on Tuesday ordered bankrupt cocoa trader Transmar Commodity Group Ltd. to hand over documents and find an employee to be deposed regarding $8.2 million worth of cocoa butter and powder whose whereabouts is unknown after Transmar allegedly bought it.
-
September 08, 2017
AMRO Presses Ch. 7 Judge For Transmar Emails Order
A lawyer investigating bankrupt Transmar Commodity Group Ltd. on behalf of lender ABN AMRO Capital USA LLC asked a New York bankruptcy judge on Thursday to order an auditor to turn over information that could shed light on the cocoa concern's fraud-tinged fall into insolvency.
-
August 08, 2017
Transmar Cocoa CEO, Son Accused Of Massive Bank Fraud
The chief of New Jersey-based Transmar Commodity Group Ltd., his son and a finance executive at the belly-up cocoa trader were hit with fraud charges Tuesday, two weeks after their bid to restructure more than $360 million of bank debt was converted by a bankruptcy judge into a liquidation.
-
June 06, 2017
Transmar Blasts ABN Amro's Ch. 7 Conversion Request
Cocoa trader Transmar Commodity Group Ltd. objected Monday to lender ABN Amro's motion to convert its bankruptcy to Chapter 7, countering the bank's claim that Transmar executives defrauded it and saying the conversion would disrupt pending asset sales.
-
April 07, 2017
Transmar Lender Gets OK To Subpoena Over Lost Collateral
ABN Amro got clearance Friday to issue subpoenas on two former Transmar Group senior staff accountants that the bankrupt commodity trader has refused to make available for depositions, advancing the lender's effort to investigate the apparent disappearance of hundreds of millions of dollars of its collateral.
-
March 30, 2017
Cocoa Co. Seeks Emergency Sale Of Forward Contracts
Cocoa trader Transmar Commodity Group Ltd. has asked a New York bankruptcy court on Tuesday for an emergency motion that would allow it to offload forward contracts for up to $2 million, and creditors objected to an asset sale for a subsidiary.