Located in Los Angeles, California, Gumport | Mastan provides legal services in the area of bankruptcy law to major creditors, receivers, bankruptcy trustees, and related parties in California, New York, Washington D.C., and Alaska. The firm handles a wide variety of sophisticated and complex bankruptcy matters, with a particular emphasis on bankruptcy litigation, international asset location and recovery, and matters involving allegations of fraud.
- Bankruptcy Trustee Representation
- Bankruptcy Litigation
- Creditors' Rights
- Committee Representation
- Ponzi Scheme Litigation
- Fraudulent Transfer and Preference Lists
- Asset Purchases and Sales
- Fiduciary Services
Bankruptcy Trustee Representation
Gumport | Mastan has significant experience serving as general and special counsel to bankruptcy trustees, assisting them with all aspects of administering the bankruptcy estate, including concealed asset location and recovery, investigations of suspected fraud, asset liquidation, reorganization planning, negotiations with creditors' committees, settlement of preference claims, and avoidance actions.
Gumport | Mastan has a successful track record of handling large and complex bankruptcy litigation matters, including trials and appeals. The firm's attorneys have extensive experience in trials involving insolvency, fraudulent transfers, and preferences, as well as representing parties to Chapter 7 and Chapter 11 bankruptcy proceedings in matters involving proof of claims, civil asset freeze orders, writs of attachment, and preliminary injunctions.
Gumport | Mastan's attorneys are effective creditors' advocates, protecting creditors' rights to maximum recovery of debts in bankruptcy matters, including preference and insolvency litigation, as well as assisting with preparing and filing proofs of claims, appealing claim discharges, and case monitoring.
Gumport | Mastan regularly serves as legal counsel to unsecured creditor committees and equity security holder committees appointed by the U.S. Trustee. The firm's attorneys have the skills and experience to help creditors minimize losses in the bankruptcy process, effectively assisting with debtor review and investigation and reorganization plans.
Ponzi Scheme Litigation
Gumport | Mastan has a wealth of experience handling Ponzi scheme litigation, including recovering investment principals in bankruptcy proceedings. The firm's attorneys represent creditors, investment firms, and banks, and are knowledgeable regarding issues related to bank liability for aiding and abetting Ponzi scheme operators and violations of the Bank Secrecy Act.
Fraudulent Transfer and Preference Lists
Gumport | Mastan attorneys have represented numerous bankruptcy trustees and creditors in avoidance actions. The firm's attorneys have conducted a wide range of detailed fraud investigations, successfully locating and recovering fraudulently-transferred funds in the United States and foreign jurisdictions, including Switzerland, Hong Kong, South America, and the Cayman Islands. The firm's attorneys are also skilled at handling sophisticated preference recovery and defense litigation matters.
Asset Purchases and Sales
Gumport | Mastan has represented many buyers and sellers in connection with bankruptcy asset purchases and sales. The firm's attorneys have handled purchases and sales administered under Chapter 7, Chapter 11, and Section 363 of the Bankruptcy Code, including matters involving liquidations of real estate developments. The firm's attorneys advise clients on creative asset purchase and sales solutions, including solutions that maintain going-concern value and that minimize or cut off purchaser liability to the debtor's creditors, lien, and other interest holders.
In addition to handling bankruptcy proceedings and litigation, Gumport | Mastan's attorneys also provide a variety of bankruptcy-related fiduciary services, including serving as examiners, trustees, and Securities Investor Protection Corporation trustees. To learn more, please see the firm's fiduciary services page.
Contact Gumport | Mastan to learn more about the firm's bankruptcy practice.