MIAMI, FL – April 3, 2026 – Bast Amron attorney Brett Amron was featured in Law360 coverage addressing recent developments in litigation involving the founder of Bang Energy, currently pending before the U.S. Bankruptcy Court for the Southern District of Florida.
The article highlights the court’s issuance of a temporary restraining order preventing the sale or further encumbrance of a Florida Keys property allegedly acquired using fraudulently transferred funds. The ruling preserves the status quo while the court evaluates claims brought by the VPX Liquidating Trust, which was established to recover assets for creditors following the company’s Chapter 11 proceedings.
According to the article, the Trust alleges that approximately $18.5 million was improperly transferred and used to acquire the property through a shell entity, and that efforts to sell or leverage the asset could impair the Trust’s ability to recover value. The court found that allowing the transaction to proceed could permanently diminish available remedies, warranting immediate injunctive relief.
In the article, Brett Amron provides insight into the transaction and the legal risks associated with attempts to move or monetize assets in the face of creditor claims and ongoing litigation.
Bast Amron represents our client Steven Balasiano as Liquidating Trustee of the VPX Liquidating Trust in this adversary proceeding, which involves complex issues relating to fraudulent transfers, fiduciary obligations, and post-confirmation trust enforcement.
The Bast Amron team includes Brett M. Amron, Peter J. Klock II, and Senior Paralegal Jorge Miranda, Jr.
VPX Liquidating Trust is represented by Brett M. Amron and Peter J. Klock II of Bast Amron LLP, along with Michael A. Kaplan and Eric Chafetz of Lowenstein Sandler LLP.
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