Publish Date: 
Monday, August 3, 2015

On July 27, 2015, the United States Bankruptcy Court for the District of Delaware issued a final decree closing the Chapter 7 case of In re: Newgen Results Corporation, for which Jeoffrey L. Burtch served as the Chapter 7 Trustee.

 Upon the filing of its Chapter 7 case, Newgen disclosed scheduled assets of only $280,000 against liabilities of $4.3 million.  During his administration of the Chapter 7 estate, Trustee Burtch negotiated settlements with the largest claimholders and recovered unscheduled assets sufficient to permit a 100% distribution to unsecured creditors on all allowed claims.

C&T attorneys Dale Dubé, Claire McCudden, Greg Fischer and Grant Dick provided legal assistance to the Trustee during estate administration.