Information on Corporate Bankruptcy Proceedings in Delaware and Throughout the United States
Introduction
Recently, over 180 adversary actions were filed in the MPC Computers bankruptcy. The adversary actions fall generally in to two categories – preference actions filed by MPC’s Committee of Unsecured Creditors and breach of contract actions filed by MPC. This post will look briefly at why MPC filed for bankruptcy and discuss what may…
Issues Important to Gateway’s Creditors: The Critical Vendor Motion
MPC Computers, LLC, formerly Gateway Computers ("Gateway, or the "Debtors"), filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware on Thursday, November 6, 2008. In addition to filing its chapter 11 bankruptcy petition, the Debtors filed various first day motions with the Court. …
