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Starting on October 14, 2020, NSC Wholesale Liquidating Trust
( NSC Trust ), the liquidation trust appointed by the by
the United States Bankruptcy Court for the District of Delaware to
prosecute claims on behalf of the NSC estate, filed approximately
62 complaints seeking the avoidance and recovery of allegedly
preferential and/or fraudulent transfers under Sections 547, 548
and and 550 of the Bankruptcy Code.
By way of background, on October 24, 2018, NSC Wholesale
Holdings, LLC and various of its subsidiaries filed voluntary
petitions in the Delaware Bankruptcy Court. The Debtors continue to