Southern pacific funding corporation liquidating trust
Southern Pacific Funding Corporation: (District of Oregon) Southern Pacific was a former NYSE Oregon based national home mortgage lender and servicer having originated or purchased approximately billion of home equity loans of which it securitized approximately billion. Beck has represented numerous debtors in Chapter 11 cases, such as Caressa, Inc.
( million debt shoe manufacturer); Gardens East Plaza, Ltd.
Southeast Banking Corporation (Southern District of Florida) SEBC was a former NYSE Florida based bank holding company with .5 billion in assets and owner of Southeast Bank, NA and Southeast Bank of West Florida.
Conti Financial Corporation, Conti Mortgage Corporation and other affiliates: (Southern District of New York) Conti was a former NYSE New York based national home mortgage, consumer and commercial lender, having originated and securitized over billion in home equity, automobile and commercial loans.
(Southern District of Florida) TOUSA and its affiliates operated as a publicly traded nationwide group of homebuilders under the names, Engle Homes, Newmark Homes, Trophy Homes and others.
To complete the liquidation process, the TOUSA Liquidation Trust was created in 2013 by the entities' confirmed chapter 11 plan. Transcapital Financial Corporation and America Capital Corporation (f/k/a American Capital Corporation) (Southern District of Florida) Transcapital was a Florida based publicly traded savings and loan holding company (Trans Ohio Savings Bank, FSB was its wholly owned subsidiary).
He also serves on the board of directors for the New York chapter of the Turnaround Management Association (TMA). Bernard is admitted to practice in New York; Connecticut; Florida; and before the U. District Courts for the Eastern District of Michigan; Southern, Eastern, and Northern Districts of New York; Southern, Middle and Northern Districts of Florida; District of Connecticut and the U. Court of Appeals for the Sixth and Eleventh Circuits.
Edward Fox, Pryor Cashman Sherman & Flynn LLP, New York, New York, for appellee HSBC Bank USA, Indenture Trustee. We have jurisdiction over this timely appeal pursuant to 28 U. “Indebtedness” does not include ordinary trade debt, so Senior Indebtedness does not include it, either. Section 12.2 further provides that if any payments are made on the Notes in violation of section 12.2, those payments must be turned over to the Senior Indebtedness until the Senior Indebtedness is paid in full or the default is cured. In the bankruptcy court, Spieker objected to this provision of the Plan on the ground that it enforced section 12.3 of the Indenture, which Spieker argued violated 11 U. At the firm, I started out in tax litigation, then migrated to business transactions and general business work.Because the phrase "business transactions and general business work" doesn't tell you much, here are .At the time of a chapter 11 filing in 2008, Tousa, Inc.was one of the largest publicly traded national homebuilders in the United States.