On March 20, 2015, a complaint to initiate an adversary proceeding was filed in the bankruptcy case of Money Centers of America, Inc. and its affiliates.
The filing was assigned docket number 263 and is described on the court’s official docket as follows:
Adversary case 15-50250. Complaint for Breach of Fiduciary Duty, Aiding and Abetting Breach of Fiduciary Duty, Corporate Waste, Conversion, Recovery of Avoidable Transfers, and Equitable Subordination by MICHAEL ST. PATRICK BAXTER, solely in his capacity as Chapter 11 Trustee of Money Centers of America, Inc. and Check Holdings LLC against Christopher Wolfington, Jason Walsh, Lauren Anderson. Fee Amount $350 (02 (Other (e.g. other actions that would have been brought in state court if unrelated to bankruptcy))),(13 (Recovery of money/property – 548 fraudulent transfer)),(12 (Recovery of money/property – 547 preference)),(81 (Subordination of claim or interest)),(67 (Dischargeability – 523(a)(4), fraud as fiduciary, embezzlement, larceny)). AP Summons Served due date: 07/20/2015. (Attachments: # (1) Exhibit A # (2) Exhibit B) (Reilley, Patrick)
Money Centers of America, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 21, 2014. 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 14-10603. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Cross & Simon, LLC is acting as lead bankruptcy counsel to Money Centers of America, Inc. in the bankruptcy case.