Bankrupt businessman Ezri Namvar’s main company, Namco Capital Group Inc., owes $545 million to 464 creditors, according to documents filed March 15 in U.S. Bankruptcy Court in Los Angeles. The ...
Creditors navigating the challenges of Subchapter V bankruptcy proceedings must understand their rights, strategies for protecting their interests, and remedies for addressing debtor misconduct.
Why can't a creditor pursue its state law fraudulent transfer rights against a non-debtor? As we will see, the underlying reasoning for this proposition is subject to some disagreement, and can lead ...