Located in Los Angeles, California, Gumport | Mastan serves as counsel to fiduciaries and provides a variety of legal fiduciary services to troubled corporations and clients involved in bankruptcy proceedings. The firm represents clients in Los Angeles and throughout Southern California, as well as in New York, Washington D.C., and Alaska.
The firm's fiduciary services include serving as:
Bankruptcy Trustees and Bankruptcy Examiners
Gumport | Mastan's attorneys regularly act as bankruptcy trustees and bankruptcy examiners in corporate cases filed under Chapter 7 and Chapter 11. The firm's attorneys have significant experience administering all aspects of the bankruptcy estate, including the liquidation of large, diverse estates, bank liquidation, real estate development liquidation, and resolving complex preference issues and conflicts regarding the exempt status of debtor property.
The firm also assists with determinations as to whether the appointment of a trustee is required, and is experienced in investigating suspicions of fraudulent financial transactions, management competence, and proofs of claim. In connection with its fraud investigations, the firm has successfully helped clients locate and recover concealed funds in countries spanning the globe, including South America, the Cayman Islands, Switzerland, Hong Kong, and China.
The firm's attorneys also regularly act as legal counsel to bankruptcy trustees and handle litigation of all bankruptcy related issues. Please see the firm's articles page to read partner Leonard L. Gumport's related California Bankruptcy Journal article "The Bankruptcy Examiner."
Gumport | Mastan's attorneys have served as court-appointed receivers in a wide variety of matters, including involving real estate holdings, corporate dissolution or reorganization, and business insolvency litigation, as well as receiverships surviving the bankruptcy process. The firm's attorneys are skilled in devising creative solutions for preserving and maximizing assets in receiverships involving both liquidation and ongoing business operation. Gumport | Mastan is experienced in representing receivers, and regularly advises creditors and troubled businesses on the advantages and disadvantages of using a state court receivership as an alternative to bankruptcy.
Gumport | Mastan's attorneys regularly serve as court-appointed provisional directors, helping deadlocked shareholders and corporate directors find innovative solutions to resolve disputes and move their businesses forward. The firm's attorneys have successfully assisted corporate shareholders and directors in resolving corporate governance issues, including matters involving fair market compensation, management reporting structures, mergers, acquisitions, reorganizations, and restructurings.
Gumport | Mastan's attorneys both serve as and represent Securities Investor Protection Corporation (SIPC) trustees, and have extensive experience administering the transfer of securities and the liquidation of failed brokerage firms. The firm's attorneys develop and assist SIPC trustees in developing sophisticated plans that preserve investor portfolios and maximize investor claim recovery. The firm also regularly handles issues related to broker fraud and the recovery of fraudulently-transferred funds.
Contact Gumport | Mastan to learn more about the firm's fiduciary services.