California Lawyers Association

Business Law Insolvency Law Committee

Updates from the BLS Insolvency Law Committee

The following is a case summary written by Gary B. Rudolph, a director at Fennemore LLP’s San Diego office, analyzing In re Village Oaks Senior Care LLC, 664 B.R. 170 (Bankr. ED CA 2024) a recent decision of interest. Read more
The following is a case summary written by Robert Harris and Kathleen A. Cashman-Kramer regarding the recent California Court of Appeal decision in Bijan Boutiques, LLC v. Isong, 104 Cal.App.5th 132 (Court of Appeal, Fourth District, August 13, 2024), holding that while a property division by a marital settlement agreement between divorcing spouses may be challenged as a fraudulent or voidable transfer, a property division entered by contested court order in a marital dissolution may not be.  Read more
The following is a case summary written by Chase A. Stone regarding the recent California Supreme Court’s recent decision in JJD-HOV Elk Grove, LLC v. Jo-Ann Stores, LLC,  17 Cal.5th 256, 560 P.3d 297 (2024).  Read more
The following is a profile of the Honorable Theodor Albert – the latest in a series of profiles of Ninth Circuit bankruptcy judges.  Judge Albert and members of the Insolvency Law Committee and Business Law Section Executive Committee met in Judge Albert’s chambers and discussed his personal and professional background, observations from the bench, and other issues of interest. Read more
The following is a case update written by Hale Andrew Antico, Chief Counsel of Antico Law Firm, analyzing In re Wike, 660 B.R. 683 (B.A.P. 9th Cir. 2024) (“Wike”). Read more
The following is a case summary written by Gary M. Kaplan, a partner at Farella Braun + Martel LLP in San Francisco, analyzing Saldana v. Bronitsky (In re Saldana), 122 F.4th 333 (9th Cir. Nov. 22, 2024), a recent decision of interest. Read more
October 21, 2024 Dear constituency list members of the Insolvency Law Committee, the following is a case update written by Patrick Costello, analyzing In re Point 360, 2024 WL 2862577 (9th Cir. June 6, 2024), a recent case of interest: SUMMARY In In re Point, the Ninth Circuit affirmed the ruling of the District Court holding that a venture loan secured debt was not subject to subordination pursuant to 11 U.S.C. § 510(b) simply because the loan terms included “equity… Read more
October 18, 2024 Dear constituency list members of the Insolvency Law Committee, the following is a case update written by Hale Andrew Antico, Chief Counsel of Antico Law Firm, analyzing In re O'Gorman, No. 23-60005, 2024 WL 4113544 (9th Cir. Sept. 9, 2024), a recent case of interest: SUMMARY In In re O’Gorman, the Court of Appeals for the Ninth Circuit upheld a bankruptcy court decision granting summary judgment to the trustee who sought to avoid a fraudulent transfer by… Read more
September 30, 2024 Dear constituency list members of the Insolvency Law Committee, the following is a case update by Summer Shaw analyzing In re Buettner, 654 B.R. 927 (Bankr. E.D. Cal. 2023), a recent case of interest: SUMMARY In In re Buettner, Chapter 13 debtors were compelled to file suit to enforce California Civil Code § 2941, which requires a lender to reconvey a deed of trust within 30 days of payoff. The Bankruptcy Court for the Eastern District of… Read more
September 19, 2024 Dear constituency list members of the Insolvency Law Committee, the following is a case update written by Hale Andrew Antico, Chief Counsel of Antico Law Firm, analyzing In re Wike, 660 B.R. 683 (B.A.P. 9th Cir. 2024) (“Wike”), a recent case of interest: SUMMARY In Wike, the Bankruptcy Appellate Panel of the Ninth Circuit (“BAP”) ruled that the disciplinary costs assessed against an attorney who filed for Chapter 7 bankruptcy protection were discharged under 11 U.S.C. §… Read more

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