NY Landlord Takes On Walmart in $150M Fraud Suit

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  • Fraudulent transfer under Delaware and New York law

  • Breach of contract related to the Fifth Avenue lease

  • Recovery of over $3 million in matured lease obligations

  • A demand for $150 million in punitive damages from Walmart

The complaint alleges that Walmart knowingly participated in the asset transfer despite Bonobos-BNWHP’s insolvency and failed to notify EKFH of ownership changes — actions EKFH says were central to the fraudulent scheme.

The case, EKFH LLC v. Walmart Inc. and BNWHP LLC, is being closely watched as it highlights broader concerns about corporate accountability in bankruptcy exit strategies.