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In re Town & Country Event Center LLC, 25-24205 (Bankr. E.D. Cal. Feb. 11, 2026)
In re Town & Country Event Center LLC, 25-24205 (Bankr. E.D. Cal. Feb. 11, 2026): bankruptcy court decision by BkyJudge Christopher Klein in Sacramento. He’s just a bankruptcy judge, but very well thought of. I will cite this case in updates Chapter 8-I or 8-II, and suggest it be cited in updates re sanctions, since Klein uses FRBP Rule 11 to sua sponte sanction a debtors atty whom judge client found knowingly participated in scheme to hinder, delay or defraud creditors. Cites that 11 USC 362(d)(4). 362(d)(4) says ct can grant RFStay if filing petition was part of a scheme…
American Bankruptcy Institute February 2024 Analysis: The Brutal Reality of Plunging Office Values Is Here
The shakeout in the $20 trillion U.S. commercial real estate market has long been delayed for a simple reason: No one could figure out just how much properties were worth. More crucially, few wanted to, according to a Bloomberg News analysis. Since the COVID-19 pandemic upended the use of real estate around the world, lenders have had little incentive to get tough on borrowers squeezed by soaring interest rates and take on loans that have lost value.