David Goodrich Chairs OCBF CLE Panel on Issues in the Retail Industry
Member David Goodrich is a Program Chair...
Monthly News Archives: April 2015
SulmeyerKupetz Challenges City of San Bernardino on Behalf of San Bernardino City Professional Firefighters
SulmeyerKupetz has filed two proceedings on behalf of the San Bernardino City Professional Firefighters (“Fire Union”) in the United States Bankruptcy Court to challenge the City of San Bernardino’s violations of municipal law. Arguing that the chapter 9 debt adjustment process does not preempt all state law governing public employment, the Fire Union seeks relief to remedy post-petition actions unilaterally taken by the City …
David Kupetz Authors Article in Globest.com on the Role of Creditors’ Committees in CRE Bankruptcies
In the article, “The Role of Creditors’ Committees in CRE Bankruptcies” published by Globest.com, Partner David Kupetz explains the role of a creditors’ committee in a CRE Chapter 11 bankruptcy case. The cyclical nature of the real estate industry has resulted in periods where numerous commercial real estate businesses resort to bankruptcy protection in order to survive. Chapter 11 of the Bankruptcy Code has …
David Goodrich to Speak at Consumer Bankruptcy Law Update on New Developments in Bankruptcy Case Law
Senior Counsel David M. Goodrich will discuss the latest developments in bankruptcy case law and court procedures at the 2nd Annual Consumer Bankruptcy Law Update at Chapman University Fowler School of Law on Thursday, April 23 at 5:30 p.m. Mr. Goodrich, along with five judges from the U.S. Bankruptcy Court, Central District of California, will present case law developments from 2014-2015 in Chapter 7 …
Victor Sahn Speaks with CFO Magazine on Pending Rise in Interest Rates and Potential Bankruptcy Filings
CFO magazine called upon Partner Victor Sahn for the article, “Will Lower Unemployment Drive Bankruptcies”, addressing the looming threat of increased interest rates as a result of rising employment, and the implications for companies on the verge of bankruptcy. “Unrealistic, unsustainable low interest rates have been the palliative for many sick companies,” said Mr. Sahn. “However, we are fast approaching the unveiling of higher …
Howard Ehrenberg Closes Escrow on Bankruptcy Sale of L.A. Gas Station
Managing Partner Howard Ehrenberg closed escrow on a bankruptcy sale of a Los Angeles gas station located on Culver Boulevard. The bankruptcy court approved the sale for $1.78 million at auction.
Creditors’ Committees Explained: David Kupetz Explores the Intricacies of Chapter 11 Creditors’ Committees
Partner David S. Kupetz authored the article, “Creditors’ Committees Explained”, detailing the important aspects of Chapter 11 creditors’ committees. In the article, Mr. Kupetz addresses a creditors’ committee’s role in Chapter 11 bankruptcy cases, the formation and organization of a committee, the powers and duties of a committee, as well as its fiduciary responsibilities. The article acts as a condensed version of the Collier …