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Hawaii Hotel Resort - Plan Confirmed
The firm confirmed a Chapter 11 plan for the owner of a premier hotel resort located on the island of Hawaii. The plan resulted in the payment in full of all allowed unsecured claims. The Chapter 11 case was filed before the Honorable Lloyd King in the United States Bankruptcy Court for the District of Hawaii.
Publicly Traded Holding Company - Involuntary Bankruptcy, Plan Confirmed
After filing an involuntary petition against Helionetics, Inc., a publicly traded holding company, the firm successfully represented the creditors' committee in confirming a plan of reorganization which provides for the payment to unsecured creditors of a substantial portion of their allowed claims.
Three Related Plastics Companies - Plan Confirmed
The firm represented Santa Fe Extruders, Inc., Santa Fe Printing & Converting, Inc. and WestCoast Packaging, Inc., and confirmed a chapter 11 plan of reorganization for one of the largest packaging and plastics extrusion companies in California.
Apartment Complex - Debt Restructured and Plan Confirmed
The firm confirmed a chapter 11 plan of reorganization for the owner of a 248-unit residential apartment complex, resulting in the successful restructuring of $6 million in secured debt.
Airport Shuttle Service - 5 Year Reorganization Plan Successfully Completed - Creditors Receive Significant Payout
The firm represented the post-confirmation plan agent for Ground Systems, Inc., an airport shuttle service, completing a five-year plan of reorganization pursuant to which $3.7 million was disbursed to creditors.
Custom Wheel Manufacturer - Plan Confirmed
The firm confirmed a joint plan of reorganization on behalf of Boyds Wheels, Inc. and Hot Rods by Boyd. Boyds Wheels was a publicly traded company with approximately 300 creditors and 3,500 shareholders.
$70,000,000 Loan Portfolio - Distressed Loan Package Sold
The firm successfully represented a pension fund in the sale of a $70,000,000 portfolio of distressed real property loans.
Landmark Appellate Decision on Creditor's Rights
The firm successfully argued on behalf of Life Insurance Company of Virginia against separate classification of the unsecured portion of a partially secured claim, before the Bankruptcy Court, Bankruptcy Appellate Panel, and Ninth Circuit Court of Appeals, with Petition for Certiorari denied by the United States Supreme Court. See
In re Barakat, 99 F.3d 1520 (9th Cir. 1996), cert. denied, 520 U.S. 1143 (1997).
Mortgage Banking Company - Record Breaking Plan Confirmation
The firm confirmed a pre-packaged chapter 11 plan of reorganization for a major mortgage banking and servicing corporation 43 days from the date of the filing of the chapter 11 petition, resulting in the successful restructuring of $15,000,000 in debt.
Confirmation of Competing Plan of Reorganization
The firm confirmed a competing plan of reorganization over objection by the chapter 11 debtor, resulting in secured lender acquiring title to $4,000,000 in real property.
Approvals Obtained for Major Residential Subdivision
The firm represented the developer of a $120,000,000 residential subdivision, obtaining environmental impact report certification and approval of a zoning change, specific plan, general plan amendment and two tentative tract maps.
Complex Business Litigation
The firm successfully defended an investment advisor to $100,000,000 publicly traded mortgage REIT against allegations of trade secret violations and unfair competition.
Fraudulent Conveyance Recoveries
The firm obtained recoveries of fraudulent conveyances of more than $2,000,000 on behalf of the chapter 7 trustee in a savings and loan fraud related bankruptcy.
Receiver Appointed
The firm obtained the appointment of a federal receiver on behalf of 7,000 investors, in a $165,000,000 oil and gas ponzi scheme, and effectuated a significant recovery for the investors.

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