News & Events
CASE OF INTEREST: Galindo v. Whited (In re Galindo)
Galindo v. Whited (In re Galindo) Summarized by: Dean G. Rallis Jr. Citation: BAP No. SC-12-1272-BaPaJu; Bk No 10-12794 MM7; Adv. No 10-90473 (not appropriate for publication) Ruling: The Ninth Circuit BAP affirmed the Bankruptcy Court’s judgment awarding attorney fees and costs to the plaintiff creditor as the prevailing party in a non-dischargeability action against the debtor. Procedural context: The plaintiff creditor filed a …
Chapter 9 Resources In Light of Detroit’s Filing
In light of Detroit’s bankruptcy filing, below are several of David Kupetz’ recent articles regarding municipal debt adjustment and explaining Chapter 9 filings. Stockton Creditors Chastised Chapter 9 for Municipalities City Doesn’t Need Approval to Settle During Chapter 9 Standards for Confirming a Chapter 9 Plan of Debt Adjustment Stockton Health Benefits Not Protected by the Contracts Clause
Assignments for the Benefit of Creditors Resources
Latest developments in and the mechanics of the ABC process, along with tips and strategies for getting a deal closed from the perspective of a leading reorganization and insolvency lawyer: DOWNLOAD THE ABCs PRESENTATION RECORDING VIEW THE ABCs POWERPOINT DECK DOWNLOAD THE ABCs WHITE PAPER BACKGROUND: It is inevitable that a significant number of companies will come to a point where they are no …
Dean Rallis Helps Unsecured Creditor Clients Receive Payment in Full
SulmeyerKupetz was employed as counsel for the Official Committee of Unsecured Creditors in an individual chapter 11 case captioned, In re Sonya Dakar, which case was commenced on May 12, 2012. Dean Rallis Jr. acted as lead counsel for the Committee. Pre-dating the commencement of the case, the Debtor was embroiled in a four year, bitter and contentious litigation with her ex-husband. Such litigation …
EVENT: Recharacterization and Subordination of Debt Luncheon
DATE: June 26, 2013 TIME: 11:30AM Luncheon / Meet and Greet 12:15PM Discussion DESCRIPTION: Interactive luncheon discussion that is of particular interest to private equity investors, lenders, and professionals in corporate law and finance, workouts, and restructuring. The program addressed Recharacterization and Subordination of Debt: Recent developments in light of the 9th Circuit’s decision in In re Fitness Holdings, Inc. Lenders, private equity investors, guarantors, and …
Municipalities in Crisis - Options Short of Last Resort Webcast Recording
Recent developments in municipal finance, warning signs, and Chapter 9 as a last resort. CLICK HERE TO DOWNLOAD WEBCAST RECORDING: SPEAKERS: Dean G. Rallis Jr. David S. Kupetz Robert Tormey CPA, CTP, CIRA Major topics discussed includ but not limited to: Current California situation and implications of November 2012 elections Is Prop. 30 enough to offset California’s continuing revenue shortfall? Accelerating rate of California …