SulmeyerKupetz Selected as Counsel to the Official Committee of Unsecured Creditors of VER Technologies Holdco, LLC in its Chapter 11 Bankruptcy Reorganization Case
SulmeyerKupetz, with offices in Los Angeles and...
Monthly News Archives: November 2016
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 …
SulmeyerKupetz Sponsors TMA SoCal’s Fourth Annual Veterans’ Event
SulmeyerKupetz is a proud sponsor of the Turnaround Management Association (TMA)’s fourth annual event in support of veterans. The educational, networking and fundraising program supports Wounded Warrior Project nationally, and Operation Mend and Veterans Legal Institute locally. Speakers at the event include: James Bogle, introducing the USC Marshall - Master of Business for Veterans Program; Jeremiah Pauley, who was wounded by an IED in …
The Pivotal Election of a Bankruptcy Appeal: David Goodrich Authors Law360 Article
Though voter apathy seems to be at an all-time high, elections do matter – especially in bankruptcy cases. When appealing a bankruptcy decision, deciding between the bankruptcy appellate panel (BAP) and the district court can determine the winners and the losers of the appeal. In the Law360 article “The Pivotal Election of a Bankruptcy Appeal,” Member David Goodrich examines several differences between the BAP …
Asa S. Hami Interviews Judge Thomas B. Donovan for Insolvency Law Committee’s Sixth Judicial Profile
Asa S. Hami, Co-Chair of the State Bar’s Insolvency Law Committee (ILC), along with other ILC members, interviewed the Honorable Thomas B. Donovan, United States Bankruptcy Judge in the Central District of California, for the sixth judicial profile in the ILC’s ongoing profile series. The profile shares Judge Donovan’s history with the U.S. Army Security Agency and his transition from private practice to the …