Financial Services and Bankruptcy Updates from Nossaman LLP

Narrowing Appeal Rights When District Court Issues an Order Sitting as a Bankruptcy Court - Klestadt & Winters v. Cangelosi, (9th Cir. March 6, 2012)

Fri, 23 Mar 2012 00:00:00 PST

Summary: Recently, the Ninth Circuit Court of Appeals issued an important procedural decision dismissing an appeal based on the lack of jurisdiction. The Court held that the appellants had no right to an immediate appeal from a Bankruptcy Rule 9011 sanctions order of the Di...

2012 Southern California Super Lawyers Recognized

Mon, 30 Jan 2012 00:00:00 PST

Nossaman LLP is pleased to announce 14 partners have been included in the "2012 Southern California Super Lawyers" list. Only five percent of Southern California attorneys receive this honor each year.

The following Nossaman Partners have been selected for this recognition: Jo...

Nossaman Growth Strategy Yields 11 New Associates

Thu, 26 Jan 2012 00:00:00 PST

LOS ANGELES (Jan. 26, 2012) – Nossaman LLP demonstrated its commitment to strategic growth in the second half of 2011 and first weeks of 2012, bringing on 11 new lateral associates in offices and practice areas throughout the Firm. Among the practices enhan...

Business Judgment Rule Offers No Protection to Corporate Officers

Fri, 20 Jan 2012 00:00:00 PST

A recent United States District Court (Central District of California) decision, Federal Deposit Insurance Corporation, as receiver for Indymac Bank, F.S.B. v. Matthew Perry, held that the California business judgment rule does not apply to a corporate officer as opposed to a corp...

Bankruptcy E-Bulletin

Mon, 12 Dec 2011 00:00:00 PST

Summary:

The Ninth Circuit Bankruptcy Appellate Panel recently held that an objection to a claim for attorneys' fees was appropriate in some circumstances under 11 USC § 502(b)(4), even when the fees were incurred prepetition and might otherwise have been proper unde...

Solyndra CEO Brian Harrison Steps Down

Thu, 13 Oct 2011 00:00:00 PST

Nossaman Litigation Partner John Hansen was quoted in the San Francisco Chronicle article "Solyndra CEO Brian Harrison Steps Down." Mr. Hansen, who specializes in bank...

Bankruptcy Court Rules DOMA Unconstitutional

Wed, 06 Jul 2011 00:00:00 PST

Most of the recent high profile bankruptcy cases relate to colossal reorganizations such as Borders, General Motors, and the Los Angeles Dodgers. Rarely do bankruptcy courts elicit national attention for non-financial cases. However, in the recent Balas case en...

Bankruptcy Court Rules DOMA Unconstitutional

Wed, 29 Jun 2011 00:00:00 PST

Nossaman Welcomes Litigation Associate Eunice Majam-Simpson in Sacramento

Thu, 27 Jan 2011 00:00:00 PST

SACRAMENTO, Calif. (January 27, 2011) – Nossaman LLP announced today that Eunice C. Majam-Simpson has joined the Firm as an associate attorney in the Litigation Department. Ms. Majam-Simpson was previousl...

Revisions to Local Bankruptcy Rules ("LBRs") of the U.S. Bankruptcy Court for the Central District of California

Wed, 19 Jan 2011 00:00:00 PST

This e-alert provides analysis concerning revisions to the Local Bankruptcy Rules ("LBR's") of the United States Bankruptcy Court for the Central District of California. The new LBRs became effective on January 3, 2011. The newly amended LBRs and a redline against the old rules can be viewed by c...