Beverly Hills Bancorp Inc. Bankruptcy New Filing Alert: Disclosure Statement With Respect To A Plan Of Reorganization Or Liquidation

On June 25, 2014, a disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Beverly Hills Bancorp Inc. and its affiliates.

The filing was assigned docket number 114 and is described on the court’s official docket as follows:

Disclosure Statement in Support of Debtor’s Chapter 11 Plan of Reorganization (related document(s)[113]) Filed by Beverly Hills Bancorp Inc. (Attachments: # (1) Exhibit I # (2) Exhibit II # (3) Exhibit III # (4) Exhibit IV # (5) Exhibit V # (6) Exhibit VI) (Barry, Joseph)

Beverly Hills Bancorp Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 15, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-10897. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Young Conaway Stargatt & Taylor, LLP is acting as lead bankruptcy counsel to Beverly Hills Bancorp Inc. in the bankruptcy case.

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