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John N. Tedford, IV

We are proud of our partner and colleague John Tedford for being recognized by the Los Angeles Business Journal for this prestigious list.

Infowars Tries New Bankruptcy Section for Managing Litigation

Danning Gill Partner John N. Tedford, IV was quoted in The Deal in an article discussing the Subchapter V bankruptcy cases of three entities related to Alex Jones’ conspiracy-oriented website, Infowars.  Among other streamlined relief available as a result of the Subchapter V filings for small business debtors, unless the court orders otherwise, the creditors will not be able to form a creditors’ committee and the debtors won’t need to file a disclosure statement.

Stephanie Gleason
The Deal
April 20, 2022

Three entities associated with Infowars, the controversial, conspiracy-oriented website owned by Alex Jones, filed for Chapter 11 protection on Monday, April 18, using a new section of the code meant for small business — Subchapter V.

Infowars is the first company to attempt to use this new part of the code to manage tort liabilities.  Because the filing is under Subchapter V, there’s no guarantee that claimants — in this case families of victims of the 2012 Sandy Hook school shooting — will receive official committee representation.

In Subchapter V, “the default rule is that there is no committee,” John Tedford of Danning Gill Israel & Krasnoff LLP said.  He added, however, that a court can order one appointed.  There’s nothing to prohibit an official committee.

To read the entire article, click here.  Free trial subscription available.

Danning Gill Partner Zev Shechtman Appointed Mediator

Zev Shechtman, Partner
Zev Schechtman, Partner
Danning, Gill, Israel & Krasnoff, LLP is pleased to announce that Zev Shechtman has been appointed to the Panel of Mediators of the United States Bankruptcy Court for the Central District of California, for matters arising in Los Angeles, Orange, San Bernardino, Riverside, Ventura, Santa Barbara, and San Luis Obispo counties.  Zev completed his mediation training at the Pepperdine Law Straus Institute for Dispute Resolution.

L.A. Times Names Danning Gill Attorneys ‘Visionaries’
in Banking & Finance Issue

Danning, Gill, Israel & Krasnoff partners Eric P. Israel, John N. Tedford, IV, and Zev Shechtman have been recognized as visionaries in banking and finance by L.A. Times B2B Publishing.  According to the publication, the leaders profiled “were all nominated by their colleagues and peers and selected by our B2B Publishing stakeholders. Each of these senior-level executives has demonstrated successes and accomplishments during the last 24 months as well as leadership in their organizations while impacting change within their communities.”  We are honored to be recognized along with other accomplished professionals who serve the community. See the online version of the magazine here: https://www.latimes.com/b2b/finance.

Aaron E. de Leest Promoted to Senior Counsel

Aaron de Leest, Attorney at Law

Danning, Gill, Israel & Krasnoff, LLP, is pleased to announce that effective January 1, 2022, Aaron E. de Leest was elevated to Senior Counsel.  Congratulations to Aaron for his advancement and for all of his accomplishments, which accomplishments this year include prevailing in a published Ninth Circuit decision and confirming two chapter 11 plans.

To read more about Aaron, click here.

ILC publishes write-up by Danning Gill Partner John N. Tedford, IV on Perryman v. Dal Poggetto (In re Perryman), 631 B.R. 899 (9th Cir. BAP 2021)

December 16, 2021

Dear constituency list members of the Insolvency Law Committee:

The following is a case update written by John N. Tedford, IV, a partner at Danning, Gill, Israel & Krasnoff, LLP, analyzing a recent decision of interest.

In Perryman v. Dal Poggetto (In re Perryman), 631 B.R. 899 (9th Cir. BAP 2021), the U.S. Bankruptcy Appellate Panel of the Ninth Circuit (the “BAP”) held that continuances of a hearing in a prepetition, nonbankruptcy action against the debtor, whether ordered by the state court, done by the clerk, or requested by a creditor, merely maintains the status quo and does not violate the automatic stay.

Here’s a link to the write-up on the CLA website:  click here.

To read the full published decision, click here.

 

ILC publishes write-up by Danning Gill Partner John N. Tedford, IV on Amendments to the Federal Rules of Bankruptcy Procedure and the Federal Rules of Appellate Procedure

December 7, 2021

Dear constituency list members of the Insolvency Law Committee:

The following is an update written by John N. Tedford, IV, a partner at Danning, Gill, Israel & Krasnoff, LLP, highlighting December 1, 2021 Amendments to the Federal Rules of Bankruptcy Procedure and the Federal Rules of Appellate Procedure.

In April 2021, the Supreme Court submitted to Congress proposed revisions to the Federal Rules of Bankruptcy Procedure (“FRBP”) and the Federal Rules of Appellate Procedure (“FRAP”). Because Congress did not reject or defer the proposed amendments, the proposed revisions went into effect on December 1, 2021.

The entire package of materials transmitted to Congress may be accessed here.  Some of the proposed revisions are listed below.

      • Amended FRBP 3007(a)(2)(A)(ii) – Service of Claim Objections on Insured Depository Institutions
      • Amended FRBP 9036 – Service by Electronic Transmission
      • Other Conforming Amendments to the FRBP
      • Amended FRAP 3(c)(1)(B) and New FRAP 3(c)(4) and (6) – Contents of the Notice of Appeal (Generally)
      • New FRAP 3(c)(5) – Contents of the Notice of Appeal (Summary Judgment Orders Resolving Remaining Claims, and Orders on Motions for Reconsideration)
      • Amended FRAP 3(c)(7) (formerly (c)(4)) – Notices of Appeal that Designate Only Interlocutory Orders

Here’s a link to the writeup on the CLA website:  click here.

ILC publishes write-up by Danning Gill Partner Zev Shechtman on In re Weinstein Co. Holdings LLC, 997 F.3d 497 (3d Cir. 2021) — A case involving a work-for-hire contract

November 19, 2021

Dear constituency list members of the Insolvency Law Committee:

The following is a case update written by Zev Shechtman, a partner at Danning, Gill, Israel & Krasnoff, LLP, analyzing a recent decision of interest.

In re Weinstein Co. Holdings LLC, 997 F.3d 497 (3d Cir. 2021) involved a work-for-hire contract between The Weinstein Company—a bankrupt movie company—and Bruce Cohen, the producer of the critically acclaimed 2012 film, Silver Linings Playbook. The United States Court of Appeals for the Third Circuit held that the contract was not an executory contract, affirming the decision of the Delaware district court, which affirmed the decision of the Delaware bankruptcy court.

Here’s a link to the writeup on the CLA website:  click here.

To read the full published decision:  click here.

Another Small Business Reorganization Success Story from Danning Gill

Attorneys at Danning, Gill, Israel & Krasnoff, LLP, successfully obtained confirmation of a contested chapter 11 plan of reorganization for another small business debtor (Subchapter V) client in the case of J.H. Bryant, Jr., Inc.  Confirmation of the plan enabled Danning Gill’s client to continue its ongoing business operations and employment of 85 full-time employees.  Aaron E. de Leest led the team at Danning Gill with assistance from attorneys Zev Shechtman, Michael D’Alba and Alphamorlai L. Kebeh.

Small Business Reorganization Success Story

Attorneys at Danning, Gill, Israel & Krasnoff, LLP, obtain decisive wins for their small business debtor (Subchapter V) client in the case of Brett Arthur Butler.  Danning Gill prevailed in a valuation trial and separately confirmed its client’s contested small business debtor chapter 11 plan of reorganization.  During the course of the case Danning Gill also successfully defended a challenge to its client’s designation as Subchapter V small business debtor and a motion to convert the case to one under chapter 7.  Aaron E. de Leest led the team at Danning Gill with vital assistance from attorneys Zev Shechtman, Uzzi O. Rannan and Alphamorlai L. Kebeh.

To read Order Confirming Debtor’s First Amended Chapter 11 Plan of Reorganization, click here.