Randye Soref

Randye Soref

March 08, 2012 | Inside Counsel

Litigation: No whole business enterprise exception to single asset real estate provisions

Parent company Meruelo Maddux Properties Inc. (MMPI) and 53 of its subsidiaries filed Chapter 11 petitions in March 2009.

By Randye Soref

4 minute read

February 23, 2012 | Inside Counsel

Litigation: Supreme Court to decide if secured creditors may credit bid in Chapter 11 asset sales

The U.S. Supreme Court granted a petition for certiorari in RadLAX Gateway Hotel, LLC et al. v. Amalgamated Bank on Dec. 12, 2011.

By Randye Soref

4 minute read

February 09, 2012 | Inside Counsel

Litigation: Playing the plan confirmation game

In a direct appeal to the 7th Circuitbypassing the district courtdebtor, River East Plaza LLC, appealed an adversary action ruling issued by the U. S. Bankruptcy Court for the Northern District of Illinois rejecting River Easts Chapter 11 plan and dismissing the bankruptcy case. River East Plaza, LLC, et al....

By Randye Soref

12 minute read

January 26, 2012 | Inside Counsel

Litigation: Assignment of voting rights held unenforceable

In April 2010, SW Boston Hotel Venture LLC and certain related entities filed for Chapter 11 bankruptcy.

By Randye Soref

6 minute read

January 12, 2012 | Inside Counsel

Litigation: A single-asset entity can’t file bankruptcy and stop foreclosure

In Mezz II, a precedent was set to dismiss bad faith bankruptcy filings

By Randye Soref

9 minute read

December 29, 2011 | Inside Counsel

Litigation: A Stern gift that keeps on giving

In Stern v. Marshall, the Supreme Court held that a non-Article III court, such as a bankruptcy court, may only constitutionally determine public rights, such as the resolution of a proof of claim filed in a bankruptcy, and not private rights, such as those to augment the estate.

By Randye Soref

6 minute read