Magnetation LLC Bankruptcy New Filing Alert: Notice Of The Transfer Or Assignment Of A Claim Against The Debtor

On June 2, 2015, a notice of the transfer or assignment of a claim against the debtor was filed in the bankruptcy case of Magnetation LLC and its affiliates.

The filing was assigned docket number 152 and is described on the court’s official docket as follows:

Transfer of claim..Transfer Agreement 3001 (e) 1 Transferor: NORBON OIL & PROPANE To Liquidity Solutions, Inc.. Fee Amount $25 filed by Creditor Liquidity Solutions, Inc.. (Deyoung, Liquidity Solutions Inc) (Entered: 06/02/2015)

Magnetation LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 5, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Minnesota. The case number for the lead bankruptcy case is 15-50307. The bankruptcy case is currently assigned to United States Bankruptcy Judge Gregory Kishel. The law firm of Davis Polk & Wardwell LLP is acting as lead bankruptcy counsel to Magnetation LLC in the bankruptcy case.


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