TelexFree, LLC Bankruptcy New Filing Alert: Motion For The Court To Abstain Or Withdraw The Reference From The Bankruptcy Court

On April 23, 2014, a motion for the court to abstain or withdraw the reference from the bankruptcy court was filed in the bankruptcy case of TelexFree, LLC and its affiliates.

The filing was assigned docket number 68 and is described on the court’s official docket as follows:

Motion for Order Shortening Time U. S. Securities and Exchange Commission’s Application for Order Shortening Time to Hear Motion for Change of Venue; Declaration of Sandra W. Lavigna with Certificate of Service Filed by SANDRA W. LAVIGNA on behalf of U. S. Securities and Exchange Commission (Related document(s)[67] Motion to Transfer Case/Change Venue (Inter-district) filed by Interested Party U. S. Securities and Exchange Commission)(LAVIGNA, SANDRA)

TelexFree, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Nevada. The case number for the lead bankruptcy case is 14-12524. The bankruptcy case is currently assigned to United States Bankruptcy Judge August Landis. The law firm of Greenberg Traurig, LLP is acting as lead bankruptcy counsel to TelexFree, LLC in the bankruptcy case.

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