For REMIC Trust: JMBM successfully defeated plan of reorganization

Represented a REMIC Trust, the holder of an approximately $60 million securitized real estate loan secured by an office building in California, and successfully defeated multiple efforts made by the borrower in its Chapter 11 case to confirm a plan of reorganization over the objection of the Trust, successfully defeated two applications filed by the borrowers to enjoin the Trust from proceeding with a trustee’s sale which had been previously scheduled after relief from the automatic stay was obtained and filed a motion requesting that the Bankruptcy Court abstain from hearing a lender liability complaint filed against the Trust, which was granted.