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On September 23, 2017, John N. Tedford, IV, participated as a panelist at the Central District Consumer Bankruptcy Attorneys Association’s Fourth Annual James T. King Bankruptcy Symposium, at the Olympic Collection in West Los Angeles. Mr. Tedford was one of four panelists on the two-hour program, “Exemptions: Is Bad Faith a Factor or Not?” Other panelists were the Honorable Theodor Albert of the United States Bankruptcy Court for the Central District of California, Professor Mark Scarberry of Pepperdine University School of Law, and M. Jonathan Hayes of Simon Resnik Hayes LLP.
The Central District Consumer Bankruptcy Attorneys Association 2016 Calvin Ashland Awards Dinner was held on Thursday, November 3, 2016 in the Grand Ballroom of the LA Hotel Downtown. It was a night of celebration to honor David A. Gill of Danning-Gill, this year’s Calvin Ashland Trustee of the Year.
On November 7, 2015, Eric P. Israel participated as a panelist in the 41st Annual Family Law Symposium at the Intercontinental Hotel in Century City, California, sponsored by the Family Law Section of the Beverly Hills Bar Association. Mr. Israel was one of three panelists on the one-hour program on “The Intersection Between Bankruptcy and Family Law,” which included Bankruptcy Judge Neil Bason and Brian Lipak, an expert in family law.
SUMMARY In Grego v. U.S. Trustee (In re Grego), 2015 WL 3451559 (9th Cir. BAP May 29, 2015), the Bankruptcy Appellate Panel for the Ninth Circuit reversed the conversion of a debtor’s case from chapter 11 to chapter 7 because the bankruptcy court did not expressly consider whether dismissal was in the best interests of creditors and the estate. To read the full, unpublished decision, click here: http://bit.ly/9CBAP_Grego. FACTS Glenn Grego owned a 50% interest in certain real property; the other 50% was owned by a trust formed by his father, of which Grego was the trustee. Grego caused the trust to file for bankruptcy. The U.S. Trustee filed a motion to dismiss that case, and a foreclosure sale was scheduled to take place one hour after the hearing. Rather than oppose dismissal of the trust’s bankruptcy case, Grego personally filed for chapter 11 to delay the foreclosure sale. A...
The Bankruptcy Section of the Beverly Hills Bar Association, together with several other non-California bar associations, has filed an amicus brief in the United States Supreme Court in support of the appellant in Baker Botts LLP v. ASARCO LLC, No. 14-103. The Baker Botts law firm appealed from the decision of the Fifth Circuit Court of Appeals denying the payment of fees requested by Baker Botts, for the attorney fees it incurred defending against an objection to its fee application. By most accounts, including the trial court’s, Baker Botts had obtained an exceptional outcome in the bankruptcy case. The Fifth Circuit’s opinion established a per se rule against allowing payment of fees incurred in defense of bankruptcy fee applications, in direct conflict with the Ninth Circuit’s In re Smith, 317 F.3d 918 (9th Cir. 2002) decision, which places such a determination within the sound discretion of the bankruptcy judge.