Delaware Court Cracks Down on Insufficiently Plead Preference-Action Complaints

Bell Atlantic Corp. v. Twombly, 550 U.S. 544 (2007); Aschcroft v. Iqbal, 129 S. Ct. 1937 (2009); Gellert v. The Lenick Company (In re Crucible Materials Corporation), Nos. 09-11582, 10-55178, 2011 WL 2669113, at *1 (Bankr. D. Del. July 6, 2011); Claybrook v. Bear Growth Capital Partners, LLC (In re WBE, LLC), Nos. 09-10649, 11-50598, 2011 WL 2607090, at *1 (Bankr. D. Del. June 30, 2011); Miller v. Mitsubishi Digital Electronics America Inc. (In re Tweeter OpCo), Nos. 08-12646, 10-54038, 2011 WL 2433090, at *1 (Bankr. D. Del. June 14, 2011); Charys Liquidating Trust. v. Hades Advisors, LLC (In re Charys Holding Company, Inc.), Nos. 08-10289, 10-50211, 2010 WL 2788152, at *5 (Bankr. D. Del. July 14, 2010)