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Full title: Notice of Opportunity To Request a Hearing On Motion (LBR 9013-1(o)) for Order Approving Compromise with Engstrom, Lipscomb & Lack Regarding Distribtion of Settlement Funds Pursuant to Federal Rule of Bankruptcy Procedure 9019; Opportunity to Request Hearing with Proof of Service Filed by Trustee Elissa Miller (TR) (RE: related document(s)196 Motion to Approve Compromise Under Rule 9019 with Engstrom, Lipscomb & Lack Regarding Distribution Settlement Funds; Memorandum of Points and Authorities; Declaration of Elissa D. Millar in Support with Proof of Service Filed by Trustee Elissa Miller (TR) (Ekvall, Lei Lei)). (Ekvall, Lei Lei) (Entered: 02/17/2021)
Document posted on Feb 16, 2021 in the bankruptcy, 7 pages and 0 tables.
Bankrupt11 Summary (Automatically Generated)
The Debtor's Paredes Lien shall be deemed released concurrently 19 with the Trustee's receipt in good certified funds of the fees allocated to the Estatin the amount of $30,600.00 and reimbursement of costs to the Estate in the 20 amount of $31,807.90, for a total sum of $62,407.90. true and correct copy of the foregoing document entitled (specify): NOTICE OF MOTION FOR ORDER APPROVING OMPROMISE WITH ENGSTROM, LIPSCOMB & LACK REGARDING DISTRIBUTION OF SETTLEMENT FUNDS URSUANT TO FEDERAL RULE OF BANKRUPTCY PROCEDURE 9019; OPPORTUNITY TO REQUEST A HEARINill be served or was served (a) on the judge in chambers in the form and manner required by LBR 5005-2(d); and (b) in the anner stated below: .I checked the CM/ECF docket for this bankruptcy case or adversary proceeding and determined thate following persons are on the Electronic Mail Notice List to receive NEF transmission at the email addresses stated elow: Service information continued on attached pag .Bankruptcy Court oybal Federal Building 55 E. Temple Street, Suite 1660 os Angeles, CA 90012 P. 5 and/or controlling LBR, on (date) February 17, 2021 , I servede following persons and/or entities by personal delivery, overnight mail service, or (for those who consented in writing tuch service method), by facsimile transmission and/or email as follows.
List of Tables
Document Contents1 SMILEY WANG-EKVALL, LLP Lei Lei Wang Ekvall, State Bar No. 163047 2 email@example.com Philip E. Strok, State Bar No. 169296 3 firstname.lastname@example.org Timothy W. Evanston, State Bar No. 319342 4 email@example.com 3200 Park Center Drive, Suite 250 5 Costa Mesa, California 92626 Telephone: 714 445-1000 6 Facsimile: 714 445-1002 7 Attorneys for Elissa D. Miller, Chapter 7 Trustee 8 UNITED STATES BANKRUPTCY COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 LOS ANGELES DIVISION 11 2 0 0 92626 4 445-1 1123 IGnI RreA RDI KEESE, CChaasep tNero 7. 2:20-bk-21022-BR ornia ax 71 a, Calif00 • F 14 NAOPPTRICOEV OINFG M COOTMIOPNR OFOMRIS OER WDIETRH s0 15 ENGSTROM, LIPSCOMB & LACK e1 M5- REGARDING DISTRIBUTION OF a 4 ost4 4 16 SETTLEMENT FUNDS PURSUANT TO C71 FEDERAL RULE OF BANKRUPTCY el 17 PROCEDURE 9019; OPPORTUNITY TO T Debtor. REQUEST A HEARING 18 [No Hearing Required Pursuant to 19 Local Bankruptcy Rule 9013-1(o)] 20 21 22 TO ALL INTERESTED PARTIES: 23 PLEASE TAKE NOTICE that Elissa D. Miller, the chapter 7 trustee for the bankruptcy estate of Girardi Keese (the "Trustee"), has filed a Motion for Order 24 Authorizing Compromise of Controversy with Engstrom, Lipscomb & Lack Regarding Distribution of Settlement Funds Pursuant to Federal Rule of Bankruptcy Procedure 90125 (the "Motion"). The Trustee is requesting that the Motion be granted without a hearing aprovided in Local Bankruptcy Rule 9013-1(o) unless a party in interest timely files and 26 serves a written opposition to the Motion and requests a hearing. The Motion is summarized as follows: 27 1. The compromise contemplated by the Motion relates only to the agreement
11 regarding the equitable allocation of the contingency fees earned in two litigation mattersThe compromise will yield a total of $237,293.58 to the estate, and the Trustee believes 2 the compromise is fair and equitable and in the best interest of the Estate.GK 3 2. The Debtor was lead counsel in a case pending in San Bernardino County Superior Court entitled Paredes v. Honda Motor Co. Ltd., et al, Case No. CIVDS1831534 (the "Paredes Case") and a case pending Riverside County Superior Court entitled Thompson v. Troy Lee Designs, LLC, Case No. RIC1810760 (the "Thompson Case"). 5 On June 17, 2020, the Debtor substituted out and Lira's new firm substituted in as counsel in both the Paredes Case and the Thompson Case. Both cases were 6 contingency fee cases. 7 3. On July 27, 2020, the Debtor filed a Notice of Lien for Attorneys' Fees and Costs in the Paredes Case (the "Paredes Lien"), and on July 8, 2020, the Debtor filed a 8 Notice of Lien for Attorneys' Fees and Costs in the Thompson Case (the "Thompson Lien"). Each lien was based on principles of quantum meruit for work performed prior to 9 the substitution. 10 4. Lira recently settled both the Paredes Case and the Thompson Case. The compromise which is the subject of the Motion, resolves how to allocate ELL's share of 11 the contingency fees between ELL and the Debtor in order to compensate the Debtor for2 its role in both cases. The settlements, which are subject to Bankruptcy Court approval, 0 0 92626 4 445-1 1123 are des5c. ribedT bheelo Pwa. redes Agreement ornia ax 71 a, Calif00 • F 14 due to (EaL) L is B$a1s0e2d,0 o0n0 .t0h0e. c Tohnefi dPeanrteiadle sse Attlgermeeemnte anmt poruonvti,d tehse tchoant tEinLgLe'sn csyh aferee ofs0 15 the contingency fee shall be allocated $30,600.00 to the Trustee, on behalf of the e1 M5- Estate (30%), and $71,400.00 (70%) to ELL. a 4 ost4 4 16 C71 (b) As reimbursement for costs and expenses advanced in connection el 17 with the Paredes Case, the Estate will receive $31,807.90 and ELL will receive T $9,041.53. 18 (c) The Debtor's Paredes Lien shall be deemed released concurrently 19 with the Trustee's receipt in good certified funds of the fees allocated to the Estatin the amount of $30,600.00 and reimbursement of costs to the Estate in the 20 amount of $31,807.90, for a total sum of $62,407.90. 21 6. The Thompson Agreement 22 (a) Based on the confidential settlement amount, the Contingency Fee due to ELL is $360,000.00. The Thompson Agreement provides that ELL's share 23 of the Contingency Fee shall be allocated $126,000.00 to the Trustee (35%), on behalf of the Estate, and $234,000.00 (65%) to ELL. 24 (b) The Estate will receive $48,885.68 as reimbursement for costs 25 advanced in connection with the Case, and ELL will receive $21,411.25. 26 (c) The Thompson Lien shall be deemed released concurrently with theTrustee's receipt in good certified funds of the fees allocated to the Estate in the 27 amount of $126,000.00 and reimbursement of costs to the Estate in the amount of$48,885.68, for a total sum of $174,885.68.
21 7. The settlements are reasonable and in the best interest of the Debtor's Estate. The Estate will be allocated 30% of ELL's contingency fee in the Paredes Case 2 and 35% of ELL's contingency fee in the Thompson Case, or $30,600.00 and $126,000.00, respectively, for a total of $156,600.00. The Estate will also receive a total3 of $80,693.58 as reimbursement for costs expended in both cases. The compromises between the Trustee and Lira involved several rounds of negotiations. The Trustee 4 believes that the compromises are fair and reasonable for the reasons stated below. 5 8. The Trustee negotiated these settlements to minimize the risks and costs associated with possible litigation if the parties were unable to arrive at an equitable 6 resolution. In the absence of a consensual resolution, the Estate would have to litigate itquantum meruit claim for fees and costs. The litigation would be time consuming and 7 would require a significant expenditure of the Estate's resources. The Trustee believes that the upside is marginal even if the Trustee were to be successful in the litigation. 8 Moreover, no litigation is without risk. The Trustee evaluated the potential strengths andweaknesses of the Estate's position in the litigation and negotiated the settlement 9 described in this Motion in an effort to maximize the return to creditors. 10 9. The compromise was entered into in good faith and was negotiated at arm'length. 11 2 DEADLINE FOR FILING AND SERVING OPPOSITION PAPERS AND 0 0 92626 4 445-1 1123 RMopEoptQiooUsniEt imoSnaT ya F nrOedq Rrue eAqsu tHe aEs tAh feRoarI rNhinGega: ro iPnng ut hrisseu 1Ma4no tdt itaooyn Ls. B aTRfht ee9r 0 dt1he3ea- d1dl(iaont)ee, taoonf fysil eepr avarinctyde wsoehf rotvh eois p anp owotsricietetse, ntph leu sornia ax 71 3 additional days if you were served by mail or pursuant to F.R.Civ.P. 5(b)(2)(D) or (F). a, Calif00 • F 14 If you timely file and serve a written opposition and request for a hearing, the s0 15 Trustee will file and serve a notice of hearing at least 14 days in advance of the hearing. e1 M5- a 4 ost4 4 16 If you fail to comply with this deadline: C1 7 el 17 (a) The Trustee will file a declaration to indicate (1) the Motion was T properly served, (2) the response period elapsed, and (3) no party filed and serve18 a written opposition and request for a hearing within 14 days after the date of service of the notice; 19 (b) The Trustee will lodge an order that the Court may use to grant the 20 Motion; and 21 (c) The Court may treat your failure as a waiver of your right to oppose the Motion and may grant the Motion without further hearing and notice. 22 23 DATED: February 17, 2021 SMILEY WANG-EKVALL, LLP 24 25 By: /s/ Lei Lei Wang Ekvall 26 LEI LEI WANG EKVALL Attorneys for Elissa D. Miller, 27 Chapter 7 Trustee
3PROOF OF SERVICE OF DOCUMENT am over the age of 18 and not a party to this bankruptcy case or adversary proceeding. My business address is 3200 ark Center Drive, Suite 250, Costa Mesa, CA 92626. true and correct copy of the foregoing document entitled (specify): NOTICE OF MOTION FOR ORDER APPROVING OMPROMISE WITH ENGSTROM, LIPSCOMB & LACK REGARDING DISTRIBUTION OF SETTLEMENT FUNDS URSUANT TO FEDERAL RULE OF BANKRUPTCY PROCEDURE 9019; OPPORTUNITY TO REQUEST A HEARINill be served or was served (a) on the judge in chambers in the form and manner required by LBR 5005-2(d); and (b) in the anner stated below: . TO BE SERVED BY THE COURT VIA NOTICE OF ELECTRONIC FILING (NEF): Pursuant to controlling General rders and LBR, the foregoing document will be served by the court via NEF and hyperlink to the document. On (date) ebruary 17, 2021 I checked the CM/ECF docket for this bankruptcy case or adversary proceeding and determined thate following persons are on the Electronic Mail Notice List to receive NEF transmission at the email addresses stated elow: Service information continued on attached pag . SERVED BY UNITED STATES MAIL: n (date) February 17, 2021 , I served the following persons and/or entities at the last known addresses in this ankruptcy case or adversary proceeding by placing a true and correct copy thereof in a sealed envelope in the United tates mail, first class, postage prepaid, and addressed as follows. Listing the judge here constitutes a declaration that ailing to the judge will be completed no later than 24 hours after the document is filed. he Honorable Barry Russell .S. Bankruptcy Court oybal Federal Building 55 E. Temple Street, Suite 1660 os Angeles, CA 90012 Service information continued on attached pag . SERVED BY PERSONAL DELIVERY, OVERNIGHT MAIL, FACSIMILE TRANSMISSION OR EMAIL (state method r each person or entity served): Pursuant to F.R.Civ.P. 5 and/or controlling LBR, on (date) February 17, 2021 , I servede following persons and/or entities by personal delivery, overnight mail service, or (for those who consented in writing tuch service method), by facsimile transmission and/or email as follows. Listing the judge here constitutes a declaration at personal delivery on, or overnight mail to, the judge will be completed no later than 24 hours after the document is led. IA E-Mail Service information continued on attached pag declare under penalty of perjury under the laws of the United States that the foregoing is true and correct. February 17, 2021 Gabriela Gomez-Cruz /s/ Gabriela Gomez-Cruz Date Printed Name Signature
4ADDITIONAL SERVICE INFORMATION (if needed): . SERVED BY THE COURT VIA NOTICE OF ELECTRONIC FILING (“NEF”) Kyra E Andrassy firstname.lastname@example.org, email@example.com;firstname.lastname@example.org;email@example.com Rafey Balabanian , firstname.lastname@example.org Michelle Balady email@example.com, firstname.lastname@example.org Richard D Buckley email@example.com Marie E Christiansen firstname.lastname@example.org, email@example.com,firstname.lastname@example.org Jennifer Witherell Crastz email@example.com Ashleigh A Danker Ashleigh.firstname.lastname@example.org, SDCMLFiles@DINSMORE.COM;Katrice.email@example.com Clifford S Davidson firstname.lastname@example.org, email@example.com;firstname.lastname@example.org Lei Lei Wang Ekvall email@example.com, firstname.lastname@example.org;email@example.com;firstname.lastname@example.org Richard W Esterkin email@example.com Timothy W Evanston firstname.lastname@example.org, email@example.com;firstname.lastname@example.org;email@example.com James J Finsten , firstname.lastname@example.org Alan W Forsley email@example.com, firstname.lastname@example.org,email@example.com,firstname.lastname@example.org,email@example.com Eric D Goldberg firstname.lastname@example.org, email@example.com Andrew Goodman firstname.lastname@example.org, Goodman.AndrewR102467@notify.bestcase.com Suzanne C Grandt email@example.com, firstname.lastname@example.org Steven T Gubner email@example.com, firstname.lastname@example.org Marshall J Hogan email@example.com, firstname.lastname@example.org Razmig Izakelian email@example.com Lewis R Landau Lew@Landaunet.com Daniel A Lev firstname.lastname@example.org, email@example.com;firstname.lastname@example.org Peter J Mastan email@example.com, SDCMLFiles@dinsmore.com;Katrice.firstname.lastname@example.org Edith R Matthai email@example.com Kenneth Miller firstname.lastname@example.org, email@example.com Elissa Miller (TR) CA71@ecfcbis.com, MillerTrustee@Sulmeyerlaw.com;C124@ecfcbis.com;firstname.lastname@example.org Eric A Mitnick MitnickLaw@aol.com, email@example.com Scott H Olson firstname.lastname@example.org, scott-olson- email@example.com,firstname.lastname@example.org,email@example.com Leonard Pena firstname.lastname@example.org, email@example.com;firstname.lastname@example.org Michael J Quinn email@example.com, firstname.lastname@example.org,email@example.com Ronald N Richards firstname.lastname@example.org, email@example.com,firstname.lastname@example.org Philip E Strok email@example.com, firstname.lastname@example.org;email@example.com;firstname.lastname@example.org Boris Treyzon email@example.com, firstname.lastname@example.org United States Trustee (LA) email@example.com Eric D Winston firstname.lastname@example.org Christopher K.S. Wong email@example.com, firstname.lastname@example.org Timothy J Yoo email@example.com
5. SERVED BY UNITED STATES MAIL: EDFORD LAW GROUP, APC DAIMLER TRUST EMPLOYMENT DEVELOPMENT DEPT. 875 CENTURY PARK EAST C/O BK SERVICING, LLC BANKRUPTCY GROUP MIC 92E UITE 1790 PO BOX 131265 P.O. BOX 826880 ENTURY CITY, CA 90067‐2537 ROSEVILLE, MN 55113‐0011 SACRAMENTO, CA 94280‐0001 RANCHISE TAX BOARD FRANTZ LAW GROUP, APLC GIRARDI KEESE ANKRUPTCY SECTION MS: A‐340 2029 CENTURY PARK EAST 1126 WILSHIRE BLVD .O. BOX 2952 #400 LOS ANGELES, CA 90017‐1904 ACRAMENTO, CA 95812‐2952 LOS ANGELES, CA 90067‐2905 LL O'CALLAHAN KIMBERLY ARCHIE JOHN ABASSIAN 437 CLUB VIEW DRIVE 15210 VENTURA BOULEVARD 6403 VAN NUYS BOULEVARD S ANGELES, CA 90024‐5305 SUITE 307 VAN NUYS, CA 91401‐1437 SHERMAN OAKS, CA 91403‐3841 FFICE OF FINANCE ROBERT GIRARDI ERIKA SALDANA ITY OF LOS ANGELES 402 SOUTH MARENGO AVE. 1757 RIVERSIDE DRIVE 00 N SPRING ST RM 101 CITY HALL SUITE B GLENDALE, CA 91201‐2856 S ANGELES CA 90012‐3224 PASADENA, CA 91101‐3113 IRGINIA ANTONIO SOUTHERN CALIFORNIA GAS COMPANY ROBERT M. KEESE 0413 VIA NAVARRA 555 WEST 5TH STREET 22982 ROSEMONT COURT ORBA LINDA, CA 92886‐3065 LOS ANGELES, CA 90013‐1011 MURRIETA, CA 92562‐3075 ELLS FARGO VENDOR FINANCIAL SERVICES, IKON FINANCIAL SVCS C. 1738 BASS RD. /O HEMAR, ROUSSO & HEALD, LLP MACON, GA 31210‐1043 5910 VENTURA BLVD., 12TH FLOOR NCINO, CA 91436‐2802
6. SERVED BY PERSONAL DELIVERY, OVERNIGHT MAIL, FACSIMILE TRANSMISSION OR EMAIL ia E-mail: NDREW W ZEPEDA RAFEY BALABANIAN NANO BANC MES J FINSTEN EDELSON PC 25220 HANCOCK AVE., SUITE 140 URIE, ZEPEDA, SCHMALZ, HOGAN & 123 TOWNSEND ST STE 100 MURRIETA, CA 92562 ARTIN SAN FRANCISCO, CA 94107 EPADILLA@NANOBANC.COM 875 CENTURY PARK E STE 2100 RBALABANIAN@EDELSON.COM PDONALDSON@NANOBANC.COM OS ANGELES, CA 90067 ZEPEDA@LURIE‐ZEPEDA.COM INSTEN@LURIE‐ZEPEDA.COM BIR COHEN TREYZON SALO, LLP LAW FINANCE GROUP, LLC LFG SPECIAL INVESTOR GROUP, LLC /O: BORIS TREYZON 591 REDWOOD HWY FINANCE GROUP FUND II 6001 VENTURA BOULEVARD, SUITE 200 SUITE 1200 200 SOUTH VIRGINIA ST., 8TH FLOOR NCINO, CA 91436 MILL VALLEY, CA 94941 RENO, NV 89501 TREYZON@ACTSLAW.COM INFO@LAWFINANCE.COM INFO@LAWFINANCE.COM ORPORATION SERVICE COMPANY, AS JEFFREY M. SCHWARTZ, ESQ. CT CORPORATION SYSTEM, AS EPRESENTATIVE MUCH SHELIST, P.C. REPRESENTATIVE .O.BOX 2576 191 NORTH WACKER DRIVE, SUITE CT LIEN SOLUTIONS PRINGFIELD, IL 62708 1800 330 N. BRAND BLVD., SUITE 700 01 ADLAI STEVENSON DR. CHICAGO, IL 60606 GLENDALE, CA 91203 PRINGFIELD, IL 62703 TELEPHONE: (312) 521‐2626 UCCSPREP@CSCINFO.COM CCSPREP@CSCINFO.COM JSCHWARTZ@MUCHLAW.COM ATTORNEYS FOR NANO BANK AVID R. LIRA NGSTROM, LIPSCOMB & LACK 0100 SANTA MONICA BLVD., 12TH FLOOR OS ANGELES, CA 90067 DLLIRA@ELLLAW.COM