On December 10, 2015, a complaint to avoid alleged preferential transfers was filed in the bankruptcy case of Buccaneer Resources, LLC and its affiliates.
The filing was assigned docket number 748 and is described on the court’s official docket as follows:
Adversary case 15-06025. Nature of Suit: (12 (Recovery of money/property – 547 preference)),(13 (Recovery of money/property – 548 fraudulent transfer)) Complaint to Avoid and Recover Preferential Transfers Pursuant to 11 USC Sections 544, 547, 548 and 550 by J.A. Compton, Trustee, Buccaneer Creditors’ Liquidating Trust against Port Graham Corporation. Fee Amount $350 (Attachments: # (1) Exhibit A # (2) Adversary Cover Sheet) (Guerrero, Aaron)
Buccaneer Resources, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 31, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 14-60041. The bankruptcy case is currently assigned to United States Bankruptcy Judge David Jones. The law firm of Fulbright & Jaworski L.L.P. is acting as lead bankruptcy counsel to Buccaneer Resources, LLC in the bankruptcy case.