Bienert Katzman Littrell Williams LLP attorneys Steven J. Katzman, Tony Bisconti, and Anne A. Uyeda prevailed in two Ninth Circuit appeals that affirmed district court dismissals of bankruptcy court orders relating to the sale of an oil facility to BKLW’s client.
In early 2012, a judge in the U.S. Bankruptcy Court for the Central District of California issued an order authorizing the chapter 11 trustee to use the estate’s interest in the stock of a subsidiary of a debtor corporation, Angus Petroleum Corporation (“Angus”), to vote in favor of a settlement agreement with BKLW’s clients and various other parties (the “Authorization Order”). Subsequently, the bankruptcy court issued an order approving the trustee’s sale of Angus, which owned an oil facility in Huntington Beach, to BKLW’s client (the “Sale Order”).
Adverse parties appealed both orders to the U.S. District Court for the Central District of California. The District Court agreed with BKLW’s arguments and dismissed both appeals on the grounds of jurisdictional and equitable mootness. The adverse parties appealed these rulings to the U.S. Court of Appeals for the Ninth Circuit. In March 2014, the Ninth Circuit affirmed the District Court’s dismissals of the challenges to the Authorization Order and the Sale Order.
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