Stacy’s Inc.  Bankruptcy New Filing Alert: Complaint To Avoid Alleged Preferential Transfers

On April 30, 2015, a complaint to avoid alleged preferential transfers was filed in the bankruptcy case of Stacy’s Inc.  and its affiliates.

The filing was assigned docket number 609 and is described on the court’s official docket as follows:

Adversary case 15-80063. Complaint by John K Fort, as Chapter 7 Trustee for Stacy’s, Inc. against Kwabena Boateng core Proceeding. Fee: 350.00. (Attachments: # 1 Exhibit A – Schedule of Preferential Transfers # 2 Exhibit B – Schedule of Post-Petition Transfers) (12 (Recovery of money/property – 547 preference), 14 (Recovery of money/property – other)) (Bruner, Benjamin) (Entered: 04/30/2015)

Stacy’s Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 21, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the District of South Carolina. The case number for the lead bankruptcy case is 13-03600. The bankruptcy case is currently assigned to United States Bankruptcy Judge David Duncan. The law firm of Barton Law Firm, P.A. is acting as lead bankruptcy counsel to Stacy’s Inc.  in the bankruptcy case.


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