David Goodrich Chairs OCBF CLE Panel on Issues in the Retail Industry
Member David Goodrich is a Program Chair...
Yearly News Archives: 2016
Do a Petitioning Creditor’s Losses End in the Bankruptcy Court? David Goodrich Authors Bloomberg BNA Article
Creditors are empowered under certain circumstances to force an individual or entity into bankruptcy. If an order for relief is entered and an alleged debtor is forced to reorganized or liquidate under court supervision. In his article “Involuntary Exposure – Do a Petitioning Creditor’s Losses End in the Bankruptcy Court?” Member David Goodrich discusses the consequences of a dismissal of an involuntary petition in …
9th Circuit Applies Barton Rule to Protect Creditors’ Committee Member: David Kupetz Authors Daily Journal Article
A bankruptcy trustee is the representative of the bankruptcy estate and has the capacity to sue and be sued. However, in what is known as the Barton rule, no suit against an estate representative may be initiated for actions taken in the administration of the estate without prior leave of the bankruptcy court. In his article “9th Circuit is First to Tackle Novel Bankruptcy …
Webinar Now Available! Hiding Assets in Chapter 7 Bankruptcy
Over the last few years, the asset protection industry has grown dramatically. One of the proclaimed benefits of asset protection is the guarantee that your assets are safe when a Chapter 7 bankruptcy is filed. But does asset protection really shield assets in a Chapter 7? In the CLE-accredited webinar “Hiding Assets in Chapter 7 Bankruptcy,” SulmeyerKupetz Member David Goodrich discussed: A variety of popular asset …
9th Circuit Limits a Borrower’s Ability to ‘Cure’ in Chapter 11: David Kupetz and Asa Hami Author Daily Journal Article
Default rate interest provisions are standard language in business loan agreements. A borrower’s default on a loan triggers consequences, including higher default rate interest. A borrower can generally “cure” the default and reinstate the loan to its original terms. Disputes over claims for default rate interest arise in the context of bankruptcy cases filed by financially distressed borrowers. In their article “9th Circuit Limits …
Elissa Miller and Steven Werth Participate in ABI Winter Leadership Conference
Member Elissa Miller will speak at the American Bankruptcy Institute’s Winter Leadership Conference, held at the Terranea resort in Rancho Palos Verdes from December 1 – 3, 2016. She will present on the panel “Disruptive Engagement: The Role of Creditors’ Committees and Individual Creditors in Asset Sales” on Saturday, December 3 along with Melissa A. Hager of Morrison & Foerster LLP; Brian S. Hermann …
SulmeyerKupetz Obtains Favorable Outcome in 22-Year-Old Case
Managing Member Howard M. Ehrenberg and Member Daniel A. Lev were successful in resolving bankruptcy cases reopened in July 2015 to investigate a fraud allegedly perpetrated on the bankruptcy court in 1994 by two brothers, Theodosios Roussos and Harry Roussos. As a result of their investigation, Mr. Ehrenberg, who was appointed chapter 7 trustee of the reopened cases, recently obtained an order from the …