Chapter 11 Bad Faith - Great Quote from the 9th Cir BAP

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Fantastic!
Holly Roark
Certified Bankruptcy Specialist*
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On Thu, Jan 8, 2015 at 11:29 AM, jhayes@hayesbklaw.com [cdcbaa] wrote:
>
>
> "Many are the judgment creditors who gnash their teeth (metaphorical or
> otherwise) in chagrin when their collection campaign is stayed by a
> bankruptcy filing. Only slightly less frequent are the immediate
> post-filing threats that no quarter will be given. Such jeremiads,
> however, are not a sufficient basis for a universal conclusion of plan
> futility. And they certainly do not unequivocally establish the debtor> bad faith. Economic considerations and rationality often result in
> resolution."
>
> In re Sullivan, ---BR ---, (9th Cir BAP, Dec 2014)
>
> In Sullivan, the bankruptcy court dismissed the filing as a two party
> dispute with no hope of ever getting a plan confirmed. The BAP reversed.
> Bankruptcy attorney Sean O'Keefe gets credit for the great work.
>
>
>
>
Fantastic!
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I used to be an associate for Sean at Winthrop Couchot about 10 years ago.
We always considered him a bit of a genius. What is the case number, Jon?
Giovanni Orantes, Esq.*
Orantes Law Firm, P.C.
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I used to be an associate for Sean at Winthrop Couchot about 10 years ago. We always considered him a bit of a genius. What is the case number, Jon?-- Giovanni Orantes, Esq.*Orantes Law Firm, P.C.3435 Wilshire Blvd. Suite 2920Los Angeles, CA 90010Tel: (213) 389-4362Fax: (877) 789-5776e-mail: go@gobklaw.comwebsite: www.gobklaw.com*Board Certified - Business Bankruptcy Law - American Board of Certification*Board Certified - Consumer Bankruptcy Law - American Board of CertificationCommercial LitigationEstate PlanningOutside General Counsel

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