On May 20, 2016, Joao Bock Transaction Systems, LLC (“Debtor” or “Joao Bock”) filed for Chapter 7 bankruptcy relief before the United States Bankruptcy Court for the District of Delaware.  Joao Bock has been described by some as a “patent troll” that engages in litigation over intellectual property disputes in order to extract favorable settlements.

According to the Debtor’s Petition, Joao Bock has between $1 and $10 million in liabilities.  A section 341 meeting has been scheduled to take place on June 22^nd at 11:00 a.m. at the J. Caleb Boggs Federal Building, 844 King St., Room 2112, in Wilmington, DE.

The trustee assigned to this matter is David Carickhoff of the law firm of Archer & Greiner, P.C. The matter is pending before the Honorable Mary F. Walrath.

Carl D. Neff is a bankruptcy attorney with the law firm of Fox Rothschild LLP.  Carl is admitted in Delaware and regularly practices before the United States Bankruptcy Court for the District of Delaware. You can reach Carl at (302) 622-4272 or at cneff@foxrothschild.com.