Hassen Sale Proceeds Top $44M By Kelsey Butler The Chapter 7 trustee for Hassen Imports Partnership has the green light to sell the debtor’s auto dealership property and adjacent land in deals for more than $44 million.Chapter 7 trustee Howard Ehrenberg of SulmeyerKupetz PC said at a Sept. 11 auction, winning bidder Dighton America Inc. agreed to acquire five commercial development properties from Hassen …
On June 10, 2013, in the case of the Consolidated Entities of Edgar Reinoso, Case No. 2:12-bk-30218 RN, the bankruptcy court entered a landmark order substantively consolidating into individual debtor Edgar Reinoso’s chapter 7 bankruptcy case, 43 separate limited liability companies and the community property interest of Edgar’s wife. SulmeyerKupetz (with partner Elissa D. Miller handling the matter) obtained the order on behalf of …
Reducing Payables to Position a Company for Growth or Sale The panel will address methodologies and strategies for reducing accounts payable and other business obligations of a Company to reposition the business for growth and possible sale from the perspectives of an investment banker, a corporate lawyer and a restructuring professional and a financing expert. CLICK HERE TO REGISTER OR FOR MORE INFORMATION ABOUT …
Designating Votes on Chapter 11 Plans for “Ulterior” Motives by David S. Kupetz CLICK HERE TO REQUEST A COPY OF THE ARTICLE August 8th, 2013, David Kupetz presented a Webcast entitled Disqualifying Votes on Chapter 11 Plans. The recording of this program is now available and can be accessed via the link below: CLICK HERE TO ACCESS THE WEBCAST RECORDING Program Description: The relatively …