Menu

Practices

R. Esmerian Inc.

The firm represents the examiner with expanded powers appointed in the chapter 11 cases of Ralph Esmerian and R. Esmerian, Inc. The debtors were the subjects of an involuntary bankruptcy in the wake of a chapter 11 case commenced by an affiliate of the debtors. After the examiner’s appointment, the debtors’ principal was arrested and ultimately pled guilty to bankruptcy fraud and other crimes. The firm advised the examiner in selling the debtors’ assets, investigating the debtors’ prepetition financial transactions, commencing litigation against third parties, resolving claims, and confirming a joint plan of liquidation with the creditors’ committee.