American Spectrum Realty Inc. (Involuntary) Bankruptcy New Filing Alert: Objection To The Motion For The Appointment Of A Chapter 11 Trustee Or An Examiner

On April 29, 2015, an objection to the motion for the appointment of a chapter 11 trustee or an examiner was filed in the bankruptcy case of American Spectrum Realty Inc. (Involuntary) and its affiliates.

The filing was assigned docket number 108 and is described on the court’s official docket as follows:

Opposition to (related document(s): 102 Emergency motion for an Order: (1) Approving Stipulation between Petitioning Creditors and Debtor; and (2) Setting Aside the Order Appointing Chapter 11 Trustee filed by Petitioning Creditor D&A Daily Mortgage Fund III, LP, Petitioning Creditor D&A Semi-Annual Mortgage Fund III, L P, Petitioning Creditor D&A Intermediate-Term Mortgage Fund III, L P) UNITED STATES TRUSTEE’S OPPOSITION TO PETITIONING CREDITORS EMERGENCY MOTION FOR AN ORDER: (1) APPROVING STIPULATION BETWEEN PETITIONING CREDITORS AND DEBTOR; (2) SETTING ASIDE THE ORDER APPOINTING CHAPTER 11 TRUSTEE, OR IN THE ALTERNATIVE, TERMINATING THE CHAPTER 11 TRUSTEE with proof of service Filed by U.S. Trustee United States Trustee (SA) (Bujold, Michael) (Entered: 04/29/2015)

American Spectrum Realty Inc. (Involuntary) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 13, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 15-10721. The bankruptcy case is currently assigned to United States Bankruptcy Judge Scott Clarkson. The law firm of Fuqua & Associates, PC  is acting as lead bankruptcy counsel to American Spectrum Realty Inc. (Involuntary) in the bankruptcy case.


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