Experience
Representation of court-appointed receiver for a football helmet manufacturer and sports technology company in order to market and sell the company and its assets.
Representation of court-appointed receiver in its administration of environmentally- contaminated commercial property located on the Duwamish Waterway in Seattle, the largest Superfund site in Washington. Disputes existed among the previous owner/seller, Crowley Marine, the existing tenant, Waste Management, and the lender, Pacific Life. The case was resolved through a complex settlement reached among those parties that addressed title and future clean up responsibilities.
Representation of court-appointed receiver to administer several related financial companies involved in the mortgage origination and distressed lending business. Pre-receivership, the principal had been removed from the companies, which had then used funds to purchase a local bank that had created significant issues with the Office of the Comptroller of the Currency (OCC). Bush Kornfeld represented the receiver in liquidating of a large mortgage loan portfolio to generate more than $20 million to pay secured and unsecured creditors, pursuing of a legal malpractice action that resulted in a significant settlement, and obtaining a significant judgment against the former principal.
Representation of court-appointed receiver for consumer technology company in the business of creating certain products, including wireless, voice-activated headphones.
Representation of court-appointed receiver for cyber-security firm including negotiating the sale of the debtor’s intellectual property and supervising complex litigation over the events that led to the company’s failure.
Representation of court-appointed receiver to administer the assets of a company that provided storage equipment and services to the food industry, primarily seafood, fruit, and poultry. The case required the resolution of significant disputes between the seller of the company and the investment company that owned TriStrata. After extensive contested motion practice during the receivership case, the receiver and counsel were successful in reaching an agreed division of the company’s assets between the parties and consummating the related transactions that left operations and customer support uninterrupted.
Representation of court-appointed receiver for retail seller of jewelry, personal items and gifts in 11 locations in four states.
Representation of court-appointed receiver to complete construction of and market and sell several real property projects in Seattle and surrounding areas.
Representation of court-appointed receiver in its administration of the estate including raising capital to allow for the monetization of estate assets consisting primarily of gold mining claims in Alaska.
Representation of court-appointed receiver for electrical product & services provider specializing in standby power systems for telecom, broadband, utility, oil & gas, enterprise, and industrial applications, including obtaining court approval of going concern sale.
Representation of court-appointed receiver with respect to its obtaining possession of and administering the real and personal property of debtor Desert Canyon Associates, including taking steps to reopen and operate its golf course business.
Representation of court-appointed receiver in its administration of debtor’s assets, including the sale of a grocery store.
Representation of court-appointed receiver for the estate of mortgage foreclosure trustee in winding up the company’s affairs, including overseeing resolution of numerous pending foreclosure-related lawsuits.
Representation of court-appointed receiver for a commercial and residential property management company in the receiver’s administration of the debtor’s assets for the benefit of creditors.
Representation of skilled-nursing facility in negotiating and completing an assignment for benefit of creditors to stabilize finances and operations.
Representation of court-appointed receiver in obtaining certain master recordings constituting property of the estate, undertaking copyright assignment thereof and monetizing the assets.
Representation of court-appointed receiver for manufacturer and supplier of complex machined parts for the global aerospace and defense industries in its administration of the receivership estate.
Representation of court-appointed receiver of retail seller of customized apparel in the administration of the receivership estate including the successful completion of a sale of the debtor’s business as a going concern.
Representation of court-appointed receiver for distributor of hardwood flooring in the administration of the receivership estate.
Representation of court-appointed receiver to administer the assets of wholesale lumber supplier and distributor.
Representation of debtor in an assignment of its assets to a court-appointed receiver for the benefit of the debtor’s creditors.
