Jonathan Serrano

Craig Margulies
Craig G. Margulies (copy)
June 28, 2022
 
Jonathan Serrano
Associate
Tel (818) 705-2777 | Fax (818) 705-3777
Practice Areas

Corporate Debtor Chapters 11 (including sub-Chapter V) and 7

Individual Debtor Chapters 11 and 7

Bankruptcy Trustee Representation

Committee Representation

Creditor Representation

Out of Court Workouts

Bankruptcy & Commercial Litigation

Bankruptcy Appeals

Assignments for the Benefit of Creditors (ABCs)

Bar Admission

California

Colorado

Minnesota

Education
University of Miami School of Law

J.D., cum laude

University of California, Santa Barbara

B.A., Business Economics, cum laude

PRACTICE AREAS

Chapter 11, Including Subchapter V, Debtor Representation

Chapter 7 Debtor Representation

Creditor Representation

Chapter 7 and 11 Trustee Representation

Bankruptcy & Commercial Litigation

Bankruptcy Appeals

BAR ADMISSIONS

California

EDUCATION

UCLA School of Law – J.D.

Florida A&M University – B.S., Chemistry Education, summa cum laude

Jonathan Serrano is an attorney with Margulies Faith LLP. He has broad experience in all aspects of bankruptcy and reorganization, having represented debtors, creditors, trustees, litigants, and buyers of distressed assets. Mr. Serrano previously worked for a large international law firm where he gained quality training and experience in complex business bankruptcy law.

Mr. Serrano graduated from UCLA School of Law in 2019. During law school, he externed for the Honorable Kim McLane Wardlaw in the United States Court of Appeals for the Ninth Circuit, and he served as an editor for the UCLA Journal of Environmental Law & Policy. After law school, Mr. Serrano clerked for the Honorable Scott H. Yun and the Honorable Wayne Johnson in the United States Bankruptcy Court for the Central District of California.

REPRESENTATIVE MATTERS

As Debtor’s Counsel:

·     Represented debtor in subchapter v bankruptcy case.

·     Confirmed plan of reorganization for three jointly administered subchapter v debtors.

·     Represented multinational financial company in preparing chapter 11 filing.

As Creditor’s Counsel:

·     Represented creditor in documenting and negotiating purchase of its claim against bankrupt cryptocurrency exchange.

·     Represented tenant in large shopping center’s chapter 11 bankruptcy.

·     Represented pharmaceutical company in adversary proceeding against chapter 11 debtor.

As Trustee’s Counsel:

·     Obtained temporary restraining order and preliminary injunction, followed by recovery and sale of estate assets, in representation of Chapter 11 Trustee.

·     Represented Chapter 7 Trustee in $13 million sale of commercial real property.

·     Represented Chapter 7 Trustee in recovering and selling fraudulently transferred real property.

Other Representations:

·     Obtained dismissal of litigation against mortgage lender.

·     Represented purchaser of distressed assets in settlement of adversary proceeding after obtaining dismissal of the Chapter 11 Trustee’s complaint with leave to amend.

·     Represented foreign entity in its $20 million purchase of intellectual property and other business assets in a chapter 11 bankruptcy case.

Representative Matters

As Debtor’s Counsel:

  • Representation of Schaefer Ambulance Service, Inc., a family-owned business formed in 1932 to provide air and ground emergency/non-emergency and interfacility ambulance transport services throughout southern California, in a Chapter 11 bankruptcy case to wind-down and liquidate its many assets at various locations. Mr. Margulies and his Firm successfully confirmed a liquidating Plan of Reorganization for the benefit of creditors and its shareholders.
  • Representation of Gospel Light Publications, Inc., a Christian media company specializing in the production of print and digital media educational resources to meet the needs of church leaders throughout the world, as a Chapter 11 debtor and debtor in possession. Gospel Light Publications successfully completed a sale of its assets under a confirmed Chapter 11 Plan.
  • Representation of Clarklift of California, Inc., a company specializing in the distribution, sale, service, rental and finance of equipment and trucks to the agricultural, construction, manufacturing, transportation and warehousing industries, as a Chapter 11 debtor and debtor in possession. Clarklift of California successfully reorganized under a confirmed Chapter 11 Plan.
  • Representation of Optinetrics, Inc., an advanced photonics engineering company with an integrated optics technology platform for the fabrication of optical devices for communications, biotechnology, sensors and commercial electronics, as a chapter 11 debtor and debtor in possession. The case culminated in a confirmed liquidating chapter 11 Plan of Reorganization, and Mr. Margulies then represented the Liquidating Trustee to assist the trustee in implementing the Plan provisions for the benefit of creditors.
  • Represented “high net worth” individuals to successfully file and reorganize their secured and unsecured debts through confirmed chapter 11 Plans of Reorganization
  • Represented numerous individuals and married couples to file bankruptcy cases resulting in a successful discharge of their debts and a fresh start

As Creditor and Committee Counsel:

  • Representation of the Official Committee of Unsecured Creditors in the Estyle, Inc. (“Babystyle”) chapter 11 bankruptcy filed in the Central District of California, successfully obtaining a carve-out from the secured creditors’ blanket liens for the benefit of the unsecured creditors; and further prosecuting 100s of avoidance actions for the benefit of the unsecured creditors
  • Representation of the Official Committee of Unsecured Creditors in the Douglas Furniture of California, LLC, a chapter 11 bankruptcy filed in the Central District of California
  • Representation of a very large body of Class Action creditors (also serving as members of the Official Committee of Unsecured Creditors) in the Bodies in Motion chapter 11 bankruptcy filed in the Central District of California, resulting in a successful resolution of multimillions in claims
  • Representation of the creditor serving as the Chairperson of the Official Committee of Unsecured Creditors in the Brotman Hospital, Inc. chapter 11 bankruptcy case, filed in the Central District of California
  • Representation of Contagious Entertainment as a member of the Official Committee of Unsecured Creditors in the Persik Entertainment chapter 11 bankruptcy case, filed in the Central District of California
  • Representation of Hilton Hotels and Hilton Hawaiian Village to protect their claim in excess of $30 million in Dillingham Construction Co.’s Chapter 11 bankruptcy filed in Oakland, California
  • Representation of the County of Los Angeles to successfully protect its claims in the Queen Mary bankruptcy case
  • Representation of the City of Glendale to enforce its rights and claims in various bankruptcy proceedings, including the ability to enforce of its police and regulatory powers against various business and individuals
  • Representation of large mechanics lien creditors, including members sitting on the Official Committee of Unsecured Creditors, in the jointly administered Chapter 11 bankruptcy cases of Landsource Communities Development LLC, et al., filed in the District of Delaware, resulting in a extremely large returns on their claims

As Trustee’s Counsel:

  • Representation of chapter 7 trustees appointed by the Office of the United States Trustee’s Office to uncover, recover and sell millions of dollars’ worth of assets for the benefit of unsecured creditors through complex litigation
  • Representation of chapter 7 trustees appointed by the Office of the United States Trustee’s Office to successfully deny an individual of his discharge under section 727 of the Bankruptcy Code due to the debtor’s failure to disclose assets in his bankruptcy schedules

Other Representations:

  • Representation of landlords in chapter 11 bankruptcy cases to enforce the provisions of their leases, in both asset sales and reorganizations
  • Representation of defendants in both large multi-million dollar and smaller tens of thousands of dollars preference and fraudulent transfer actions resulting in dismissals and/or large reductions in the claims
  • Represented individual managing members/shareholders in the “Terminator” case known as T Asset Acquisition and related entities chapter 11 bankruptcy cases filed in the Central District of California, also known as the 3rd sequel in the Terminator motion picture series, to successfully negotiate and protect their interests against the Official Committee of Unsecured Creditors and other interested parties
  • Represented hundreds of individuals to successfully resolve complex state court litigation (in which they were being sued) and/or debt collection matters for pennies on the dollar utilizing “the threat” of bankruptcy without actually having to file bankruptcy; and
  • Represented individuals suing chapter 7 debtors for the non-dischargeability of millions of dollars of debt obligation owing as a result of debtors’ pre-bankruptcy acts (e.g., fraud, conversion, willful and malicious injuries) resulting in successful non-dischargeable judgments (both through trial verdicts and pre-trial orders)