SulmeyerKupetz Selected as Counsel to the Official Committee of Unsecured Creditors of VER Technologies Holdco, LLC in its Chapter 11 Bankruptcy Reorganization Case
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Yearly News Archives: 2017
David Kupetz Authors Collier’s Handbook for Creditors’ Committees for 12th Consecutive Year
For the 12th consecutive year, David Kupetz has authored Collier’s Handbook for Creditors’ Committees, a book that bankruptcy practitioners, corporate counsel and members of creditors’ committees in Chapter 11 cases turn to for guidance on all aspects of participating in and representing creditors’ committees. The 2018 edition features discussion of significant recent decisions, including the appellate court decision applying the Barton doctrine to protect …
Creditors and Interest Holders Beware: Bankruptcy Rule Changes Affect Timing Of and Who Must File Proofs of Claim in a Chapter 7, 12 or 13 Case
Written by Elissa Miller Effective December 1, 2017, amendments to the Federal Rules of Bankruptcy Procedure went into effect. While many of the changes are geared primarily towards debtors in consumer cases, changes to Rule 3002 will materially affect creditors, both secured and unsecured, in a voluntary Chapter 7 (liquidation), 12 (farm) and 13 (personal reorganization) cases. Rule 3002(a) and (c) have been significantly …
Navigating the Retail Meltdown: Jeffrey Pomerance Authors Retail Merchandiser Article
The retail sector is hurting due to the growth of e-commerce, decreased spending on consumer goods, and high debt levels following “going-private” transactions, among others. In his Retail Merchandiser article “Navigating the Retail Meltdown,” Jeffrey Pomerance, head of the Transactional Practice for SulmeyerKupetz, outlined strategies that retailers can implement to not only survive the retail meltdown but actually thrive and grow. In the article, …
When Bankruptcy Intervenes: The Pros and Cons of Bankruptcy Court Jurisdiction
In some cases, a litigant—often a defendant who expects to lose at trial—may file a petition in bankruptcy court, removing the litigation to bankruptcy court. The most common response by the plaintiff or other non-debtor litigants is to immediately file motions for remand and relief from the automatic stay, with the goal of avoiding bankruptcy court jurisdiction and returning to state court jurisdiction. However, …
Asa S. Hami Interviews Chief Judge Sheri Bluebond for Insolvency Law Committee’s Eighth Judicial Profile
In conjunction with other members of the State Bar’s Insolvency Law Committee (ILC), Asa S. Hami, advisor to and immediate past Co-Chair of the ILC, interviewed the Honorable Sheri Bluebond, United States Bankruptcy Judge in the Central District of California, for the eighth judicial profile in the ILC’s ongoing profile series. The profile shares Judge Bluebond’s history as a litigator and bankruptcy practitioner, her …
SulmeyerKupetz Proud to Sponsor TMA SoCal November Networking Event
SulmeyerKupetz is a proud supporter of the Turnaround Management Association (TMA) SoCal’s November networking event. Held on Thursday, November 9 from 6 PM – 8 PM at the LINE Hotel, the event will feature drinks and food by noted chef Roy Choi. TMA is an organization with a network of more than 9,000 turnaround practitioners, bankruptcy attorneys, lenders, bankers, workout officers, investors and other …