IPS Worldwide, LLC

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Case overview

Case Number:

6:19-bk-00511

Court:

Florida Middle

Nature of Suit:

Firms

Companies

Sectors & Industries:

  1. February 11, 2020

    Bankrupt Payment Co.'s Trustee To Seek Missing Millions

    A Florida bankruptcy judge has approved a liquidation plan allowing the trustee for bankrupt freight payment services company IPS Worldwide LLC to sue its parent and ex-president over tens of millions of dollars in misused customer payments.

  2. April 08, 2019

    Ch. 11 Trustee Takes The Wheel At IPS Worldwide

    A Florida bankruptcy judge has appointed a trustee to take over troubled freight payment services company IPS Worldwide LLC's Chapter 11 case, saying there had been "significant fraud and gross mismanagement" at the company.

  3. February 08, 2019

    Lost Millions Spark Call For Examiner In Freight Co.'s Ch. 11

    The U.S. Trustee's Office has asked a Florida bankruptcy court to appoint an examiner to look into claims that more than $100 million paid to a bankrupt freight payment services company before it entered Chapter 11 is missing.

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