Rodeo Canon Development Corporation
The firm represented Robert Goodrich, the chapter 7 trustee in this case, which involved numerous appeals to the Bankruptcy Appellate Panel for the Ninth Circuit and to the Ninth Circuit Court of Appeals, and took over a decade to resolve. The trustee is paying all creditors in full with interest. The primary asset of the estate, Beverly Hills real property, was sold during the previous chapter 7 trustee's tenure. Subsequent to the sale, the United States Trustee (“UST”) became aware of a wide range of misconduct the former trustee had undertaken in his capacity as bankruptcy trustee. Rather than defend against the UST’s motion, that trustee withdrew; he was as subsequently convicted of bankruptcy fraud and sentenced to prison. Goodrich was then appointed trustee.