On June 10, 2013, in the case of the Consolidated Entities of Edgar Reinoso, Case No. 2:12-bk-30218 RN, the bankruptcy court entered a landmark order substantively consolidating into individual debtor Edgar Reinoso’s chapter 7 bankruptcy case, 43 separate limited liability companies and the community property interest of Edgar’s wife. SulmeyerKupetz (with partner Elissa D. Miller handling the matter) obtained the order on behalf of …
Reducing Payables to Position a Company for Growth or Sale The panel will address methodologies and strategies for reducing accounts payable and other business obligations of a Company to reposition the business for growth and possible sale from the perspectives of an investment banker, a corporate lawyer and a restructuring professional and a financing expert. CLICK HERE TO REGISTER OR FOR MORE INFORMATION ABOUT …
Mandatory Subordination of Claims for “Damages Arising From the Purchase or Sale” of a “Security” Under Bankruptcy Code Section 510(b) by David S. Kupetz CLICK HERE TO REQUEST A COPY OF THE ARTICLE In addition, David Kupetz was also featured on Expert Webcast discussing the current state of the law of mandatory subordination of claims related to a security of the debtor under Bankruptcy …
Designating Votes on Chapter 11 Plans for “Ulterior” Motives by David S. Kupetz CLICK HERE TO REQUEST A COPY OF THE ARTICLE August 8th, 2013, David Kupetz presented a Webcast entitled Disqualifying Votes on Chapter 11 Plans. The recording of this program is now available and can be accessed via the link below: CLICK HERE TO ACCESS THE WEBCAST RECORDING Program Description: The relatively …
Galindo v. Whited (In re Galindo) Summarized by: Dean G. Rallis Jr. Citation: BAP No. SC-12-1272-BaPaJu; Bk No 10-12794 MM7; Adv. No 10-90473 (not appropriate for publication) Ruling: The Ninth Circuit BAP affirmed the Bankruptcy Court’s judgment awarding attorney fees and costs to the plaintiff creditor as the prevailing party in a non-dischargeability action against the debtor. Procedural context: The plaintiff creditor filed a …
In light of Detroit’s bankruptcy filing, below are several of David Kupetz’ recent articles regarding municipal debt adjustment and explaining Chapter 9 filings. Stockton Creditors Chastised Chapter 9 for Municipalities City Doesn’t Need Approval to Settle During Chapter 9 Standards for Confirming a Chapter 9 Plan of Debt Adjustment Stockton Health Benefits Not Protected by the Contracts Clause