David Goodrich Chairs OCBF CLE Panel on Issues in the Retail Industry
Member David Goodrich is a Program Chair...
Monthly News Archives: February 2016
Asa S. Hami Interviews Judge Martin R. Barash for Insolvency Law Committee’s Second Judicial Profile
Asa S. Hami, co-Vice Chair of the State Bar’s Insolvency Law Committee (ILC), interviewed the Honorable Martin R. Barash, United States Bankruptcy Judge in the Central District of California, for the ILC’s second judicial profile. The profile addresses the 9th Circuit bankruptcy judge’s personal and professional background, his transition to the bench, judicial style, advice to attorneys who appear before him, and other issues …
Webinar Now Available! 2016 Oil and Gas Restructurings—What Lies Ahead?
A combination of business trends threatens a stranglehold on the oil and gas industries. Drilling activity has declined, the demand for increased supply due to falling prices has been less than expected, and oil prices have continued to fall even after people believed that they had stabilized. Based upon a year-end 2015 report from Deloitte, oil prices during 2015 slipped to an 11-year low of …
Elissa Miller Represents Official Committee of Unsecured Creditors in Successful Green Fleet Systems Chapter 11 Reorganization
On February 12, 2016, the Bankruptcy Court, with Judge Barry Russell presiding, confirmed the Plan of Reorganization in the case of Green Fleet Systems. Member Elissa D. Miller represented the Official Committee of Unsecured Creditors. The Plan was a result of a consensual agreement between the Debtor, its secured creditors and the Committee. Pursuant to the Plan, the unsecured creditor’s class will receive distributions totaling …
Conflicting Views on Shareholder Rights in Chapter 11: David Kupetz Authors Law360 Article
Courts have taken inconsistent views of whether shareholder participation in corporate democracy continues or is suspended following the commencement of a case under chapter 11 of the Bankruptcy Code. In In re SS Body Armor I, Inc., the Delaware bankruptcy court recently held that a shareholder bringing a lawsuit to compel a corporate debtor to conduct a shareholder meeting is not required to obtain …
Victor Sahn to Moderate Panel Discussing Emerging Bankruptcy Trends at American Bankruptcy Institute’s Bankruptcy Battleground West Conference
Member Victor Sahn will moderate the Hot Topics in Bankruptcy panel at the American Bankruptcy Institute (ABI)’s 24th Annual Bankruptcy Battleground West. The panel will address emerging topics in bankruptcy cases, including bankruptcy law developments in connection with secured creditor gifting in chapter 11 cases, entertainment cases, nonprofit education school cases and chapter 9 cases. The American Bankruptcy Institute is the nation’s largest association …
David Kupetz Speaks with Los Angeles Business Journal: Dov Charney Refuses to Fold
David Kupetz Speaks with Los Angeles Business Journal: Dov Charney Refuses to Fold After American Apparel fired founder Dov Charney in 2014 for alleged sexual misconduct, the company filed for bankruptcy and Charney battled to regain control. The company’s new management blocked his multiple attempts to return to the business he founded 25 years ago, and as a result, he plans to launch …