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: March 2017
Is the American Rule “American?” David Kupetz Authors Los Angeles Lawyer Article
Compensation of professionals, including attorneys, employed in bankruptcy cases is subject to court approval. Under Bankruptcy Code section 330(a), the court is authorized to award “reasonable compensation for actual, necessary services” rendered by attorneys and other professionals employed by the bankruptcy estate’s representative. The clear intent underlying the Code is that attorneys and other professionals serving in bankruptcy cases be compensated no less favorably …
David Goodrich Chairs OCBF CLE Panel on Issues in the Retail Industry
Member David Goodrich is a Program Chair for the Orange County Bankruptcy Forum’s CLE panel “The End of Brick and Mortar Retail As We Know It, and I Feel Fine?” The program features panelists J. Michael Issa from GlassRatner Advisory & Capital Group, Whitman L. Holt of Klee, Tuchin, Bogdanoff & Stern and United States Bankruptcy Judge Scott H. Yun, as well as moderator …
Know the Risks of Keeping Employees in the Dark about a Looming Bankruptcy: Mark Horoupian Authors Bloomberg Law Article
Employees are often the last to know about a possible company bankruptcy, and frequently do not even find out until after the petition has been filed. However, hiding news of the bankruptcy may expose a company or management to claims by the employees. In the Bloomberg Law article “Keeping Employees in the Dark about a Looming Bankruptcy: Know the Risks,” Member Mark Horoupian discussed …
SulmeyerKupetz Represents Body Glove® in Sale Transaction
SulmeyerKupetz attorneys Alan Tippie and Jeffrey Pomerance represented sellers Body Glove International, LLC and Dive & Surf, Inc. in connection with the sale of the Body Glove® brand and related intellectual property assets to Marquee Brands LLC. Established in Redondo Beach, California in 1953, by twin brothers Bob and Bill Meistrell, the Body Glove® brand has grown from popularizing the first neoprene surf wetsuits …