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...
In Deutsche Bank Trust Co. v. McCormick (In re Tribune Co. Fraudulent Conveyance Litig.), the Second Circuit Court of Appeals stated that “once a party enters bankruptcy, the Bankruptcy Code constitutes a wholesale preemption of state laws regarding creditors’ rights”— a conclusion that appears to be at odds with U.S. Supreme Court precedent. In the article “Federal Preemption of State Constructive Fraudulent Transfer Law …
Member David Goodrich will present on the Los Angeles Bankruptcy Forum’s panel “How to Conduct a Better Sale Process” on October 2 at the L.A. Hotel in Los Angeles. The panel also features the Honorable Neil W. Bason with the United States Bankruptcy Court, Sharon M. Kopman with sk2 Partners, LLC and Oak Point Partners and George Saoud with Fidelity National Title Group. The …
In the recent case Czyzewski v. Jevic Holding Corp (Jevic), the Supreme Court ruled that bankruptcy courts lack the legal power to approve the structured dismissal of any Chapter 11 bankruptcy case “that provides for distributions that do not follow ordinary priority rules without the affected creditors’ consent.” In the Los Angeles Lawyer article “No Skipping Allowed,” David Kupetz analyzed the Jevic ruling and …
We are pleased to announce that the Executive Committee of the Business Law Section of the State Bar of California has appointed Jason Balitzer as a member of the Business Law Section’s Insolvency Law Committee (ILC). The ILC serves as a forum to educate lawyers nationwide on recent developments and current issues in the field of insolvency law and also provides a platform to …
With consumer purchasing preferences having a profound effect on brick-and-mortar stores, retailers have been forced to adjust to changing trends and find their place in the online market. Bloomberg BNA turned to Member Victor Sahn to weigh in on the challenges facing retailers. “Even the behemoth Walmart is blinking under the glare of Amazon’s popularity and scrambling to find its place in the online …