TelexFree, LLC (D. Mass.) Bankruptcy New Filing Alert: Objection To The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On November 12, 2015, an objection to the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of TelexFree, LLC (D. Mass.) and its affiliates.

The filing was assigned docket number 649 and is described on the court’s official docket as follows:

Opposition with certificate of service filed by Interested Party Plaintiffs’ Counsel Re: [623] Motion filed by Trustee Stephen Darr for Entry of Order Finding that Debtors Engaged in Ponzi and Pyramid Scheme and Related Relief . (Baldiga, William)

TelexFree, LLC (D. Mass.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Massachusetts. The case number for the lead bankruptcy case is 14-40987. The bankruptcy case is currently assigned to United States Bankruptcy Judge Melvin Hoffman. The law firm of Greenberg Traurig, LLP is acting as lead bankruptcy counsel to TelexFree, LLC (D. Mass.) in the bankruptcy case.


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