Moxion Power Co. – Preference and Fraudulent Transfer Defense Lawyer

Between August 10 and August 12, 2026, David W. Carickhoff, as the Chapter 7 Trustee of the bankruptcy estate of Moxion Power Co. began filing complaints seeking to avoid and recover payments made during the 90 day period prior to the bankruptcy filing, as preferential under Section 547 and/or fraudulent under Section 548 of the Bankruptcy Code.

Approximately 17 such complaints have been filed so far.

The bankruptcy case and these adversary actions are before Judge Brendan L. Shannon.

Common Defenses in Preference Actions

The United States Bankruptcy Code provides many affirmative defenses to preference actions, contained within Section 547(c). For example, the most common defenses that may be available to a Defendant under Section 547(c) may include:

• the transfer was a contemporaneous exchange for new value given to the debtor (i.e., the debtor received something of value in exchange for the transfer); 11 U.S.C. §547(c)(1);
• after such transfer, Defendant gave new value to or for the benefit of the debtor (i.e., the Defendant extended additional credit to the Debtor after receiving the transfer) 11 U.S.C. §547(c)(4); or
• the transfer was in payment of a debt incurred by the debtor in the ordinary course of business or financial affairs of the debtor and the recipient (i.e., Defendant made the transfer under ordinary business terms). 11 U.S.C. §547(c)(2).

Common Defenses in Fraudulent Transfer Cases

Among the more common defenses that may be available are that you provided reasonably equivalent value for a transfer that is now alleged to be constructively fraudulent or in good faith provided value to the debtor in exchange for the transfer. Other defenses may be available to you by showing that the Transfer does not fit the statutory predicates.

The following Adversary Proceedings were filed in the bankruptcy of Moxion Power Co., Case No. 24-11835-BLS between August 10 and August 12, 2026:

26-50607-BLS Carickhoff v. Intelletrace, Inc.
26-50608-BLS Carickhoff v. Kaiser Permanente
26-50609-BLS Carickhoff v. Kennerley Spratling Inc.
26-50610-BLS Carickhoff v. Pacific Gas and Electric Company
26-50611-BLS Carickhoff v. Ramp Credit Cards
26-50612-BLS Carickhoff v. Regan Partners LLC
26-50613-BLS Carickhoff v. Rincon Power, LLC
26-50614-BLS Carickhoff v. Rover Trailers
26-50615-BLS Carickhoff v. Shay Glenn LLP
26-50616-BLS Carickhoff v. Spray Technology
26-50617-BLS Carickhoff v. Summit Joe, Inc.
26-50618-BLS Carickhoff v. Wurth Electronics ICS, Inc.
26-50619-BLS Carickhoff v. Wyatt Performance & Fab, LLC
26-50622-BLS Carickhoff v. GS Operating, LLC
26-50623-BLS Carickhoff v. Sterling Performance, Inc.
26-50626-BLS Carickhoff v. Compass Components, Inc.