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

On April 29, 2015, a response 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 107 and is described on the court’s official docket as follows:

Response 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) Informational Response of Chapter 11 Trustee to the Motion to Approve Stipulation Between Debtor and Petitioners to 1) Call Special Shareholder Meeting to Appoint Preferred Directors; 2) Appoint Interim Chief Executive Officer or Chief Restructuring Officer; 3) Enter Order for Relief; 4) Dismiss Related Voluntary Case; and 5) Set Deadlines to Meet United States Trustee Compliance and to File Bankruptcy Schedules and Statements Filed by Trustee Dennis Connolly (TR) (Lerner, Leib) (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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