1:23-ap-50004

  1. March 28, 2025

    TSI Ch. 7 Trustee Opposes Firm's Withdrawal From The Case

    The Chapter 7 trustee for the Teams Systems International estate is opposing the withdrawal of law firm Cross & Simon from representing the defunct company and its principals in an adversary action alleging the misappropriation of some $14 million of funds in the years leading up to the bankruptcy, arguing it will leave the defendants without counsel with multiple matters pending.

  2. October 23, 2024

    Del. Judge Won't Yet Revisit $242K Atty Sanctions In Ch. 7

    A Delaware bankruptcy judge said Wednesday that he won't, for now, set aside more than $242,000 in legal fees he ordered a lawyer representing the owners of an insolvent government contractor to pay in a clawback lawsuit, saying that since the sanctions order was appealed to the district court, he doesn't have jurisdiction.

  3. August 08, 2024

    Indicted Co. Owner Gets Reprieve From Ch. 7 Discovery

    A Delaware bankruptcy judge said Thursday he'd approve an order allowing discovery in a suit alleging principles of a bankrupt government water contractor engaged in fraud, including $14.5 million in transfers ahead of the bankruptcy, excluding the owner because she has been indicted for perjury.

  4. April 29, 2024

    Judge Mulls Atty Sanctions In Ch. 7 Over 'False' Statements

    An insolvent government contractor and its lawyers should pay opposing counsel's fees in an adversary action, attorneys representing the debtor's Chapter 7 trustee and creditors told a Delaware bankruptcy judge Monday, accusing the company and its principals of making false and misleading statements in the $14 million clawback lawsuit.