AgFeed USA, LLC (a/k/a M2P2, LLC) Bankruptcy New Filing Alert: Complaint To Avoid Alleged Fraudulent Transfers

On July 15, 2015, a complaint to avoid alleged fraudulent transfers was filed in the bankruptcy case of AgFeed USA, LLC (a/k/a M2P2, LLC) and its affiliates.

The filing was assigned docket number 1746 and is described on the court’s official docket as follows:

Adversary case 15-50928. Complaint by JLL Consultants, Inc., Not Individually but Solely as Trustee of the AgFeed Liquidating Trust against Edward J. Pazdro, Fredric W. Rittereiser, Arnold Staloff, Gerard Daignault, Songyan Li, Selina Jin, Liangfan Yan, Lixiang Zhang, Junhong Xiong, Tianbing “Benjamin” Wey, New York Global Group, New York Global Group China, Alex Tech LLC, Walston DuPont Global Advisors LLC, John Doe Defendants 1 through 10. Fee Amount $350 (14 (Recovery of money/property – other)),(13 (Recovery of money/property – 548 fraudulent transfer)). AP Summons Served due date: 11/12/2015. (Zahralddin-Aravena, Rafael)

AgFeed USA, LLC (a/k/a M2P2, LLC) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 15, 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 13-11761. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Young Conaway Stargatt & Taylor, LLP is acting as lead bankruptcy counsel to AgFeed USA, LLC (a/k/a M2P2, LLC) in the bankruptcy case.


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