The Bankruptcy Appellate Panel for the Ninth Circuit (“BAP”) just published an opinion clarifying the effect of the automatic stay on property abandoned by a bankruptcy trustee back to the corporate debtor. The case arose in the Central District of California, In re Gasprom, Inc., 2013 DJDAR 14399. The corporation, Gasprom, Inc., filed a Chapter… Continue Reading
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The Real Estate & Environmental Law Blog aspires to inform the California building and real estate industry about commercial real estate legal developments, recent deals, new projects and the status of the national and regional real estate market. The blog’s objective is to serve as a forum to discuss real estate developments, litigation, regulations, policy and trends.