Section 547 of the Bankruptcy Code authorizes a trustee (or another appropriate party) to avoid, or clawback, so-called “preferential” transfers. A transfer qualifies as a preference if it was made to ...

A bankruptcy trustee has accused Shilo Sanders of making unauthorized transfers of about $250,000. Sanders filed for bankruptcy in 2023 to address an $11.89 million judgment from a lawsuit. The ...

Deion Sanders' son Shilo has responded to a complaint made by the trustee in the bankruptcy case of the former Colorado safety.

The retailer, which closed Saturday, Dec. 6, is blaming tariffs and declining consumer spending for its financial woes.

Right now, many of borrowers are facing some serious debt issues, including those who were once able to easily cover their monthly payments. Part of the issue is that, at over 22% on average, credit ...

NFL free agent Shilo Sanders is facing accusations of improperly transferring $250,000 in Name, Image, and Likeness (NIL) ...

St. Louis Cathedral is the seat of the Roman Catholic Archdiocese of New Orleans. The bond trustee plans to fight the 11 cents on the dollar recovery in the plan of reorganization. The bond trustee in ...

New federal court data shows a 10.6% rise in U.S. bankruptcy filings, raising legal and economic oversight questions for ...