Lee Steel Corporation Bankruptcy New Filing Alert: Complaint To Avoid Alleged Preferential Transfers

On January 14, 2016, a complaint to avoid alleged preferential transfers was filed in the bankruptcy case of Lee Steel Corporation and its affiliates.

The filing was assigned docket number 574 and is described on the court’s official docket as follows:

Adversary case 16-04042. (12 (Recovery of money/property – 547 preference)), (13 (Recovery of money/property – 548 fraudulent transfer)): Complaint by The Official Committee of Unsecured Creditors of Lee Steel Corporation on behalf of Debtor Lee Steel Corporation against Colorado Metals, L.L.C.. Fee Amount $350. (Kochis, Anthony) (Entered: 01/14/2016)

Lee Steel Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Michigan . The case number for the lead bankruptcy case is 15-45784. The bankruptcy case is currently assigned to United States Bankruptcy Judge Marci McIvor. The law firm of McDonald Hopkins LLC is acting as lead bankruptcy counsel to Lee Steel Corporation in the bankruptcy case.


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