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 67 and is described on the court’s official docket as follows:

Motion to Transfer Case/Change Venue (Inter-district) U. S. Securities and Exchange Commission’s Motion for Change of Venue; Memorandum of Points and Authorities; Declarations of Mark Albers and Scott Stanley with Certificate of Service Filed by SANDRA W. LAVIGNA on behalf of U. S. Securities and Exchange Commission (Attachments: # (1) Exhibit Exhibits 3-6 to Motion to Change Venue)(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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