When Hiding Assets Doesn’t Work: How Mintz Levin Recovered $20M for Cheated Client

By | Distressing Matters | April 19, 2017
In a recent American Law Journal article, “When Hiding Assets Doesn’t Work: How Mintz Levin Recovered $20M for Cheated Client,” Daniel Pascucci and Joe Dunn detail the extensive efforts used to hold a judgment creditor accountable — 10 years and $20 million later, the case exemplifies the old saying that you can run, but you can’t hide. View Full Post
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New Delaware Chapter 11 Filing – Venoco, LLC

Venoco, LLC and five of its subsidiaries and affiliates have filed voluntary petitions for relief under Chapter 11 in the United States Bankruptcy Court for the District of Delaware (Case No. 17-10828).  Venoco, an oil and gas exploration and production company primarily operating in California, has issued a press release stating that it intends to wind down its operations through the bankruptcy process.  View Full Post
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Legislation Composing Governor Edwards’ Proposed Tax Reforms Filed in the Louisiana House of Representatives

By | Louisiana Law Blog | April 17, 2017
la house of reps By William J. Kolarik, II On April 17, 2017, the legislation that composes the centerpiece of Governor Edwards’ proposed tax reforms was filed in the Louisiana House of Representatives.  House Bill 628, introduced by state Rep. Sam Jones, contains the legislation that would establish the commercial activity tax.  View Full Post
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Sontchi Opinion On Avoidance Actions – Motion for Summary Judgment: Denied

In a 24 page decision released April 13, 2017, Judge Walrath of the Delaware Bankruptcy Court denied a motion for summary judgment in a preference action brought by Charles Stanziale as the chapter 7 Trustee of Powerwave Technologies against Superiour Technical Resources – Adversary Proceeding Case No. View Full Post
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New Delaware Chapter 11 Filing – Halt Medical (17-10810-LSS)

California-based Halt Medical, Inc.,  a medical device company, filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware (17-10810).  The petition lists between $1-10 million in assets and between $100-500 million in liabilities. The Debtor’s proprietary and patented product, i.e. View Full Post
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