Baxano Surgical Inc. Bankruptcy New Filing Alert: Complaint To Avoid Alleged Preferential Transfers

On June 9, 2015, a complaint to avoid alleged preferential transfers was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.

The filing was assigned docket number 516 and is described on the court’s official docket as follows:

Adversary case 15-50836. Complaint by Baxano Surgical, Inc. against Walker Wells, Quandary Medical LLC, Jeffrey R. Schell. Fee Amount $350 (11 (Recovery of money/property – 542 turnover of property)). AP Summons Served due date: 10/7/2015. (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E # (6) Exhibit F) (Demmy, John)

Baxano Surgical Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 12, 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 14-12545. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Stevens & Lee, P.C. is acting as lead bankruptcy counsel to Baxano Surgical Inc. in the bankruptcy case.


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