Powerwave Technologies, Inc.  Bankruptcy New Filing Alert: Complaint To Avoid Alleged Preferential Transfers

On January 27, 2015, a complaint to avoid alleged preferential transfers was filed in the bankruptcy case of Powerwave Technologies, Inc.  and its affiliates.

The filing was assigned docket number 976 and is described on the court’s official docket as follows:

Adversary case 15-50142. Complaint by Charles A. Stanziale Jr. against Ronald J. Buschur, Kevin T. Michaels, J. Marvin Magee, Khurram Sheikh, Basem Anshasi, Moiz M. Beguwala, Ken J. Bradley, Richard E. Burns, John L. Clendenin, David L. George, Eugene L. Goda, Carl W. Neun, Martin Cooper, Michael Ryberg, Tom Spaeth, Pau Raj Arogyaswami, David A. Deptula, Theodore S. Rappaport, Roberto Sauastegui, Does 1-20. Fee Amount $350 (02 (Other (e.g. other actions that would have been brought in state court if unrelated to bankruptcy))),(12 (Recovery of money/property – 547 preference)),(13 (Recovery of money/property – 548 fraudulent transfer)). AP Summons Served due date: 05/27/2015. (Attachments: # (1) Exhibit A) (Buck, Kate)

Powerwave Technologies, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 28, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 13-10134. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Proskauer Rose LLP is acting as lead bankruptcy counsel to Powerwave Technologies, Inc.  in the bankruptcy case.


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