Last week, the bankruptcy estate of Orleans Homebuilders filed over 250 complaints to recover alleged preferential transfers (see our previous post on the Orleans bankruptcy here, as well as a post on bankruptcy preference actions here).

Did you do business with Orleans Homebuilders prior to their bankruptcy filing?  Have you received a demand for return of alleged preferential payments?  In a recent submission to the Delaware Bankruptcy Court, local developer Orleans Homebuilders stated that it intends to file as many as 400 suits to recover preferential transfers.