David Goodrich Chairs OCBF CLE Panel on Issues in the Retail Industry
Member David Goodrich is a Program Chair...
Monthly News Archives: March 2016
Lender Beware: David Kupetz Authors Article in the Recorder
In Grede v. Bank of New York Mellon Corp. (In re Sentinel Management Group, Inc.), the U.S. Court of Appeals for the Seventh Circuit held that a lender who should have discovered that its borrower lacked authority to pledge assets is not protected by a good faith defense to a fraudulent transfer action. Without this defense, the lender lost its security. Left with an …
Webinar Now Available! The Life Cycle of a Business Opportunity – Part Two
It Starts With the Winning Blueprint: The Importance of Structuring Your Business at Inception to Succeed You’re ready to start your own business. You have a winning idea, a broad vision and an unstoppable drive. In Part 1 of this webinar series, we addressed the importance of understanding your business philosophy before establishing your company. Now, it’s time to take action and set up …
SulmeyerKupetz Sponsors TMA’s 2016 Private Equity Panel
SulmeyerKupetz is a co-sponsor of the Turnaround Management Association (TMA)’s 2016 private equity panel, “Distressed Investing Outlook,” discussing recent global developments such as slumping demand in China, dislocation across commodities and slowdowns in shipping. The panel discusses whether these developments may usher in a broader restructuring cycle. The panel also addresses whether policy-makers will have any effect on the restructuring cycle; how the United States …
An Expansive View of Bankruptcy Court’s Equitable Powers: David Kupetz Authors California Lawyer Article
The ongoing bankruptcy proceeding involving Caesars Entertainment is a large and complex matter. The Seventh Circuit, however, recently addressed what it described as a “straightforward” issue at the heart of the case. In the article “An Expansive View of Bankruptcy Court’s Equitable Powers,” published in California Lawyer, David Kupetz discusses the Caesars Entertainment case, as well as the Seventh Circuit’s ruling that that a …
SulmeyerKupetz Sponsors TMA March Madness Mixer
SulmeyerKupetz is a co-sponsor of the Turnaround Management Association (TMA) March Madness event, a night of food, cocktails, networking and cheering on the second round of the NCAA Basketball Tournament. TMA is a not-for-profit organization with a network of more than 9,000 turnaround practitioners, bankruptcy attorneys, lenders, bankers, workout officers, investors and other related professionals worldwide. Register for this event.
David Goodrich Generates $5.7 Million for Creditors through Sale of 16 Residential Properties
In a case where Senior Counsel David Goodrich was appointed as chapter 7 trustee, Mr. Goodrich closed the sale of 16 residential properties, generating $5.7 million for distribution to creditors. Prior to closing this sale, Mr. Goodrich operated the debtor’s business for more than two years. During this period, he evicted several tenants and renegotiated open escrows that existed on the petition date. Mr. Goodrich’s …