Jason Balitzer Appointed to California State Bar Business Law Section’s Insolvency Law Committee
We are pleased to announce that the...
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 …
The increase of online buying has led many major retail stores to close several locations or declare bankruptcy. These store closures have hit malls hard, and according to Member Victor Sahn, it is only going to get worse. In the San Gabriel Valley Tribune and Daily Breeze articles “Attorney says store closures could fuel retail ‘Armageddon,’” Sahn discussed strategies malls should implement in hopes …
When real estate brokers are faced with selling real property assets that are part of a client’s bankruptcy liquidation, they may not be aware of the nuances of bankruptcy sales. Member Alan Tippie was featured in the GlobeSt.com Q&A “What Brokers Need to Know about Liquidation Sales,” providing advice to brokers on representing clients undergoing liquidation. The first and most important step for real …
In Chapter 11 bankruptcy cases, the court can “cram down” a reorganization plan over a secured creditor’s objections. David Kupetz authored the Daily Journal article “9th Circuit Decision Addresses Cramdown Valuation,” discussing the case of Sunnyslope Housing Limited Partnership, in which the court addressed a cramdown plan where the central issue was the valuation of the secured creditor’s collateral, an apartment complex. The Code’s …
Over the last few years, the “asset protection” industry has grown exponentially. In his article “Hiding Assets in California,” authored for The Bankruptcy Strategist, Member David Goodrich discusses the three common asset protection tools—trusts, business entities and marital agreements—and why they commonly fail. Though the Internet provides an abundance of advice for protecting assets from creditors and bankruptcy trustees, most asset protection advice fails …
In conjunction with other members of the State Bar’s Insolvency Law Committee (ILC), Asa S. Hami, Co-Chair of the ILC, interviewed the Honorable Maureen Tighe, United States Bankruptcy Judge in the Central District of California, for the seventh judicial profile in the ILC’s ongoing profile series. The profile shares Judge Tighe’s history as a trustee, as well as her dedication to improving processes for …